Summary: Houston; Letter of Credit - S&P Global Ratings’ Credit Research

Summary: Houston; Letter of Credit

Summary: Houston; Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Houston; Letter of Credit
Published Jan 27, 2015
3 pages (877 words) — Published Jan 27, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services confirmed its 'A-1' rating on Houston's series 2009B-3 combined utility system commercial paper notes, due to the bank facility being extended to Jan. 16, 2018. The rating is based on the short-term rating on the letter of credit provider, Bank of Tokyo-Mitsubishi UFJ Ltd. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009

  
Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its 'A-1' rating on Houston's series 2009B-3 combined utility system commercial paper notes, due to the bank facility being extended to Jan. 16, 2018. The rating is based on the short-term rating on the letter of credit provider, Bank of Tokyo-Mitsubishi UFJ Ltd....

  
Report Type:

Summary

Ticker
HOUFAC
Issuer
Houston
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Houston; Letter of Credit" Jan 27, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Houston-Letter-of-Credit-1381022>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Houston; Letter of Credit Jan 27, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Houston-Letter-of-Credit-1381022>
  
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