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 May 20, 2003
Published May 20, 2003
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Merrill Lynch&Co. Inc. puttable floating option tax-exempt receipts series PA-1140, relating to Illinois Development Finance Authority pollution control revenue refunding bonds (Illinois Power Co. Project), are rated 'AAA/A-1'. The long-term component of the rating is based on the AMBAC-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee provided by Merrill Lynch&Co. Inc. until May 15, 2004.

  
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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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: Illinois Dev Fin Auth" May 20, 2003. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-313896>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Dev Fin Auth May 20, 2003. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-313896>
  
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