Home Credit Ratings and Research S&P Global Ratings’ Credit Research Albuquerque

Summary: Albuquerque, NM; Public Finance Structured, Insured Liquidity

Published Nov 18, 2003

376 words — Published Nov 18, 2003

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Abstract:

The rating on Albuquerque, N.M.'s subordinate-lien adjusted refunding series 1995 has been affirmed subsequent to the bank facility being extended to Feb. 29, 2004. The long-term component of the rating is based on the credit quality of Ambac Assurance Corp., and the short-term component of the rating is based on the credit quality of Bayerische Hypo-und Vereinsbank AG. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard&Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Credit Ratings Lists. Standard&Poor's ratings appear alphabetically.

Brief Excerpt:

RESEARCH Summary: Albuquerque, NM; Public Finance Structured, Insured Liquidity Publication date: 18-Nov-2003 Credit Profile AFFIRMED $61.900 mil. Albuquerque subord lien adj rfdg ser 1995 dtd 07/01/1995 due 07/01/1996-2014 ###/A-2 Rationale...

Report Type:

Summary

Issuer

Albuquerque

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: Albuquerque, NM; Tax Secured, Sales Tax – 2004/01/05 – US$ 225.00

Summary: Albuquerque, NM; Utility, Solid Waste/Resource Recovery – 2004/03/15 – US$ 225.00

Albuquerque, NM's General-Purpose Taxable GO Bonds Rated 'AA' – 2004/05/13 – US$ 150.00

Albuquerque, New Mexico; Tax Secured, General Obligation – 2004/05/13 – US$ 500.00

Summary: Albuquerque, NM; Tax Secured, General Obligation – 2004/05/13 – US$ 225.00

Albuquerque, NM's GO Bonds Series 2003A, B, and C Rated 'AA'; Outlook Stable – 2003/05/30 – US$ 150.00

Albuquerque, New Mexico; Tax Secured, General Obligation; Tax Secured, Sales Tax – 2003/05/30 – US$ 500.00

Summary: Albuquerque, NM; Tax Secured, General Obligation; Tax Secured, Sales Tax – 2003/05/30 – US$ 225.00

Bayerische Hypo-und Vereinsbank AG Liquidity Facility-Backed Municipal Issues Lowered – 2002/12/12 – US$ 150.00

Bayerische Hypo-und Vereinsbank Primary Market Liquidity Fac-Backed Issues Placed on Watch Neg – 2002/11/06 – US$ 150.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Albuquerque, NM; Public Finance Structured, Insured Liquidity" Nov 18, 2003. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Albuquerque-NM-Public-Finance-Structured-Insured-Liquidity-345077>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Albuquerque, NM; Public Finance Structured, Insured Liquidity Nov 18, 2003. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Albuquerque-NM-Public-Finance-Structured-Insured-Liquidity-345077>

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