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

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

Summary: Illinois Dev Fin Auth; Pf Structured, Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Illinois Dev Fin Auth; Pf Structured, Letter of Credit
Published Nov 17, 1998
Published Nov 17, 1998
Price US$ 225.00  |  Buy this Report Now

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Abstract:

The rating on Illinois Development Finance Authority's bonds, issued on behalf of St. Patrick High School, is based on an irrevocable direct-pay LOC issued by American National Bank&Trust of Chicago. Bond proceeds will be used to finance, construct, rehabilitate, and start-up educational facilities for St. Patrick High School. The bonds are subject to optional and mandatory redemption. St. Patrick High School, an Illinois not-for-profit corporation, is an all-male, comprehensive Catholic high school located on the northwest side of Chicago.

  
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Summary

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Sector
Global Issuers, Public Finance, Structured Finance
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Region
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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; Pf Structured, Letter of Credit" Nov 17, 1998. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-Pf-Structured-Letter-of-Credit-82670>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Dev Fin Auth; Pf Structured, Letter of Credit Nov 17, 1998. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Dev-Fin-Auth-Pf-Structured-Letter-of-Credit-82670>
  
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