Summary: Illinois Dev Fin Auth, IL; Pf Structured, Letter of Credit - S&P Global Ratings’ Credit Research

Summary: Illinois Dev Fin Auth, IL; Pf Structured, Letter of Credit

Summary: Illinois Dev Fin Auth, IL; Pf Structured, Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Illinois Dev Fin Auth, IL; Pf Structured, Letter of Credit
Published Feb 21, 1996
Published Feb 21, 1996
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The ratings on Illinois Development Finance Authority's bonds reflect are based on an irrevocable direct-pay LOC issued by Harris Trust&Savings Bank Co. of New York. The series 1996A LOC covers principal and interest on the series 1996A bonds and purchase price for tendered bonds. The series 1996B LOC covers principal and interest on the series 1996B bonds. Both LOCs expire on Feb. 28, 1999 unless earlier terminated pursuant to their terms. Proceeds will be used to provide funds to finance the acquisition, construction and equipping of certain new and existing facilities to be used by the YMCA of Metropolitan Chicago. The series 1996A Bonds may bear interest in either a daily, floating, adjustable or fixed interest mode. Series

  
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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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, IL; Pf Structured, Letter of Credit" Feb 21, 1996. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-IL-Pf-Structured-Letter-of-Credit-63611>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Dev Fin Auth, IL; Pf Structured, Letter of Credit Feb 21, 1996. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-IL-Pf-Structured-Letter-of-Credit-63611>
  
US$ 225.00
$  £  €
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