Summary: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance - S&P Global Ratings’ Credit Research

Summary: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance

Summary: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance - S&P Global Ratings’ Credit Research
Summary: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance
Published May 29, 1997
306 words — Published May 29, 1997
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Abstract:

The rating on Cuyahoga County, Ohio's bonds, issued for the University Health Care Center project reflects: * The strong credit quality of the mortgage note insured under section 232 of the National Housing Act; * Investments held in guaranteed investment contracts (GICs) with 'AAA' rated Bayerische Landesbank; * A debt service reserve sufficient to meet liquidity shortfalls in the event of a mortgage note default; and * An asset-to-liability ratio of 103.34% as of April 1997.

  
Brief Excerpt:

RESEARCH Summary: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance Publication date: 29-May-1997 Credit Profile RATIONALE The rating on Cuyahoga County, Ohio's bonds, issued for the University Health Care Center project...

  
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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: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance" May 29, 1997. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-Cnty-OH-Revenue-Housing-Multifamily-FHA-Insurance-67246>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Cuyahoga Cnty, OH; Revenue - Housing, Multifamily FHA Insurance May 29, 1997. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Cuyahoga-Cnty-OH-Revenue-Housing-Multifamily-FHA-Insurance-67246>
  
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