Home Credit Ratings and Research S&P Global Ratings’ Credit Research District of Columbia

Summary: District of Columbia, DC; Pf Structured, Letter of Credit

Published Nov 13, 1998

About This Report

Abstract:

The rating on the District of Columbia's notes is based on an irrevocable direct-pay LOC issued severally by Morgan Guaranty Trust Co. of New York, Canadian Imperial Bank of Commerce, and Societe Generale. The LOC covers principal and interest on the notes from their issue date through maturity and expires on Oct. 5, 1999. Note proceeds will be used to finance the district's general governmental expenses in anticipation of the receipt of revenues for fiscal 1999.

Report Type:

Summary

Issuer

District of Columbia

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: District of Columbia, DC; Revenue - Transportation, Other – 1998/12/29 – US$ 225.00

District of Columbia National Academy of Sciences; Revenue - Higher Education, Private Coll/Univ - General Obligation – 1999/01/07 – US$ 500.00

Summary: District of Columbia, DC; Revenue - Higher Education, Private Coll/Univ - General Obligation – 1999/01/12 – US$ 225.00

S&PCORRECT:District of Columbia/Georgetown University Rating Lowered to 'A-'; Outlook Negative – 1999/02/19 – US$ 150.00

District of Columbia, D.C./American University Rated 'A-'/'A-1'; Outlook Stable – 1999/02/22 – US$ 150.00

S&P Rates District of Columbia's $200M TRANs 'SP-1+' – 1998/11/09 – US$ 150.00

Summary: District of Columbia, DC; Pf Structured, Letter of Credit – 1998/08/13 – US$ 225.00

Summary: District of Columbia, DC; General Obligation, State GO – 1998/04/01 – US$ 225.00

Washington, D.C.'s GO Bonds Rtd BB by S&P; Rtgs Afmd – 1998/03/27 – US$ 150.00

S&P Upgrades District of Columbia,Off Watch;Outlk Pos – 1998/03/11 – 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: District of Columbia, DC; Pf Structured, Letter of Credit" Nov 13, 1998. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-DC-Pf-Structured-Letter-of-Credit-81851>

APA:	S&P Global Ratings’ Credit Research. (). Summary: District of Columbia, DC; Pf Structured, Letter of Credit Nov 13, 1998. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-DC-Pf-Structured-Letter-of-Credit-81851>

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