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 Apr 07, 2003
485 words — Published Apr 07, 2003
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-1795, relating to Illinois Development Finance Authority multifamily housing bonds series 1990, are 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 Merrill Lynch&Co. Inc., and the expiration date of the liquidity facility is March 15, 2004. Merrill Lynch Puttable FLOATs/RITES Trust residual interest tax-exempt securities receipts series PT-1795, relating to Illinois Development Finance Authority multifamily housing bonds series 1990, are rated 'AAA'. The long-term component of the rating is based on the underlying bond.

  
Brief Excerpt:

RESEARCH Summary: Illinois Dev Fin Auth Publication date: 07-Apr-2003 Credit Profile $.005 mil resid int tax-ex secs rcpt ser PT-1795-B re Illinois Dev Fin Auth multi-Fam hsg bnds ser 1990 ### Sale date: 03-APR-2003 $.005 mil resid int...

  
Report Type:

Summary

Issuer
Illinois Finance Authority
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Illinois Dev Fin Auth" Apr 07, 2003. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-306762>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Dev Fin Auth Apr 07, 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-306762>
  
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