Summary: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District - S&P Global Ratings’ Credit Research

Summary: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District

Summary: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District - S&P Global Ratings’ Credit Research
Summary: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District
Published Aug 22, 1997
Published Aug 22, 1997
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The rating on Emmaus General Authority, Pa.'s series 1989 B-17 bonds, is based on an irrevocable letter of credit (LOC) provided by Bayerische Landesbank Girozentrale, New York Branch (rated `AA/A-1+'). The LOC will cover interest on and principal of the related loan, as well as cover the purchase price of tenders. The bonds are dated Sept. 2, 1997. The bonds will be subject to mandatory tender on Jan. 3, 2000. The LOC expires on Jan. 14, 2000.

  
Report Type:

Summary

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Sector
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: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District" Aug 22, 1997. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-East-Pennsboro-Area-Sch-Dist-PA-Revenue-Other-School-District-68066>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: East Pennsboro Area Sch Dist, PA; Revenue - Other, School District Aug 22, 1997. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-East-Pennsboro-Area-Sch-Dist-PA-Revenue-Other-School-District-68066>
  
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