Summary: Illinois Dev Fin Auth - S&P Global Ratings’ Credit Research

Summary: Illinois Dev Fin Auth

Summary: Illinois Dev Fin Auth - S&P Global Ratings’ Credit Research
Summary: Illinois Dev Fin Auth
Published Feb 21, 2003
338 words — Published Feb 21, 2003
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Abstract:

The Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PZ-26, relating to Illinois Development Finance Authority retirement housing revenue bonds (Regency Park at Lincolnwood project) 1991 series B, is rated 'AAA/A-1+'. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on a liquidity guarantee from WestLB AG, and the expiration date of the liquidity facility is Feb. 15, 2004.

  
Brief Excerpt:

RESEARCH Summary: Illinois Dev Fin Auth Publication date: 21-Feb-2003 Credit Profile $6.105 mil put fltg opt tax-ex rcpt ser PZ-26 re Illinois Dev Fin Auth retirement hsg rev bnds 1991 ser B ###/A-1+ Sale date: 20-FEB-2003 Rationale...

  
Report Type:

Summary

Issuer
Illinois Finance Authority
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Illinois Dev Fin Auth" Feb 21, 2003. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-299591>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Dev Fin Auth Feb 21, 2003. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-299591>
  
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