Summary: Atlanta, Georgia; Insured Liquidity - S&P Global Ratings’ Credit Research

Summary: Atlanta, Georgia; Insured Liquidity

Summary: Atlanta, Georgia; Insured Liquidity - S&P Global Ratings’ Credit Research
Summary: Atlanta, Georgia; Insured Liquidity
Published Jun 24, 2009
474 words — Published Jun 24, 2009
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Abstract:

Standard&Poor's Ratings Services withdrew its short-term rating on Atlanta, Ga.'s water and waste water variable-rate revenue bonds series 2001 B and 2001 C due to the expiration and nonrenewal of the liquidity facility previously provided by Dexia Credit Local. Standard&Poor's also removed its rating on Atlanta's water and waste water variable-rate revenue bonds series 2001 B and 2001 C from CreditWatch with negative implications. This action follows Standard&Poor's removal of its rating on Financial Security Assurance Inc., the bond insurer, from CreditWatch with negative implications. The long-term component of the rating is based on Financial Security Assurance Inc. The negative outlook is based on the outlook of the obligor. USPF Criteria: "Bank Liquidity Facilities,"

  
Brief Excerpt:

RESEARCH Summary: Atlanta, Georgia; Insured Liquidity Publication date: 24-Jun-2009 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit Analyst: Chi W Tang, New...

  
Report Type:

Summary

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Sector
Global Issuers, Public Finance
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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: Atlanta, Georgia; Insured Liquidity" Jun 24, 2009. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Atlanta-Georgia-Insured-Liquidity-729640>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Atlanta, Georgia; Insured Liquidity Jun 24, 2009. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Atlanta-Georgia-Insured-Liquidity-729640>
  
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