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Summary: District of Columbia; Letter of Credit

Published Aug 10, 2015

3 pages (892 words) — Published Aug 10, 2015

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Abstract:

Standard&Poor's Ratings Services confirmed its 'A/A-1' rating on District of Columbia's series A pooled loan program revenue bonds, due to the bank facility being extended to Sept. 5, 2020. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, Bank of America N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015

Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its 'A/A-1' rating on District of Columbia's series A pooled loan program revenue bonds, due to the bank facility being extended to Sept. 5, 2020. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, Bank of America N.A....

Report Type:

Summary

Issuer

District of Columbia

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Summary: District of Columbia; Letter of Credit" Aug 10, 2015. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-Letter-of-Credit-1432218>

APA:	S&P Global Ratings’ Credit Research. (). Summary: District of Columbia; Letter of Credit Aug 10, 2015. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-Letter-of-Credit-1432218>

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