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

Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit

Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit
Published May 10, 2004
367 words — Published May 10, 2004
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Abstract:

The rating on Illinois Development Finance Authority's variable-rate demand series 1994, issued on behalf of the Chicago Symphony Orchestra, has been affirmed subsequent to the bank facility being extended to Dec. 15, 2004. The rating on the bonds reflects the credit quality of the letter of credit provider, Northern Trust Co., Chicago, Ill. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard&Poor's public Web site at www.standardandpoors.com; under Credit Ratings in the left navigation bar, select Find Ratings, then Credit Ratings Search.

  
Brief Excerpt:

RESEARCH Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit Publication date: 10-May-2004 Credit Profile AFFIRMED $50.000 mil. Illinois Dev Fin Auth (Chicago Symphony Orchestra Proj) Var Rate Dem Ser 94 dtd 12/01/2028...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
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 Fin Auth; Public Finance Structured, Letter of Credit" May 10, 2004. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Fin-Auth-Public-Finance-Structured-Letter-of-Credit-373619>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit May 10, 2004. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Fin-Auth-Public-Finance-Structured-Letter-of-Credit-373619>
  
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