Summary: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity - S&P Global Ratings’ Credit Research

Summary: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity

Summary: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity - S&P Global Ratings’ Credit Research
Summary: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity
Published Sep 03, 2003
351 words — Published Sep 03, 2003
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Abstract:

The rating on California Health Facilities Financing Authority's floating rate weekly demand revenue bonds (pooled loan program) 1985 series B has been affirmed at 'AAA/A-1+' following the substitution of the liquidity facility provided by JPMorgan Chase Bank with a liquidity facility provided by Societe Generale on Sept. 3, 2003. The long-term component of the rating on the bonds reflects the credit quality of the insurance provider (FGIC). The short-term component of the rating on the bonds is based on the credit quality of the liquidity provider (Societe Generale).

  
Brief Excerpt:

RESEARCH Summary: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity Publication date: 03-Sep-2003 Credit Profile AFFIRMED $100.000 mil. California Hlth Fac Fin Auth Pooled Ln Prog Float Rate Weekly Dem Ser 85...

  
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Summary

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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: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity" Sep 03, 2003. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-California-Hlth-Facs-Fin-Auth-Public-Finance-Structured-Insured-Liquidity-331500>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: California Hlth Facs Fin Auth; Public Finance Structured, Insured Liquidity Sep 03, 2003. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-California-Hlth-Facs-Fin-Auth-Public-Finance-Structured-Insured-Liquidity-331500>
  
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