Summary: El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation - S&P Global Ratings’ Credit Research

Summary: El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation

Summary: El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation - S&P Global Ratings’ Credit Research
Summary: El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation
Published Sep 11, 2024
5 pages (1999 words) — Published Sep 11, 2024
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'A+' rating to EP Royal Estates PFC, Texas' approximately $15 million series 2024 residential development bonds (El Paso Royal Apartments Project). At the same time, S&P Global Ratings affirmed its 'A+' issuer credit rating (ICR) on Housing Authority of the City of El Paso (EP HOME) and the authority's series 2023 bonds outstanding. .The outlook is stable. EP Royal Estates PFC, is a nonprofit public facility corporation organized under applicable Texas state law created for the purpose of issuing bonds to finance certain affordable housing projects of EP HOME. The series 2024 bond proceeds will fund the acquisition and capital improvements for a multifamily rental housing development, consisting of 142 units (the project) for EP

  
Brief Excerpt:

...+ S&P Global Ratings assigned its 'A+' rating to EP Royal Estates PFC, Texas' approximately $15 million series 2024 residential development bonds (El Paso Royal Apartments Project). + At the same time, S&P Global Ratings affirmed its 'A+' issuer credit rating (ICR) on Housing Authority of the City of El Paso (EP HOME) and the authority's series 2023 bonds outstanding. + .The outlook is stable....

  
Report Type:

Summary

Issuer
El Paso Housing Authority
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation" Sep 11, 2024. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-El-Paso-Housing-Authority-Texas-EP-Royal-Estates-PFC-General-Obligation-3248208>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: El Paso Housing Authority, Texas EP Royal Estates PFC; General Obligation Sep 11, 2024. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-El-Paso-Housing-Authority-Texas-EP-Royal-Estates-PFC-General-Obligation-3248208>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.