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

Published Mar 28, 2005

369 words — Published Mar 28, 2005

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About This Report

Abstract:

The rating on Illinois Finance Authority (Museum of Contemporary Art project) variable-rate demand bonds series 1994 has been affirmed subsequent to the bank facilities being extended to June 30, 2009. The long-term and short-term components of the rating are based on the several obligation between Northern Trust Co., Chicago, Ill. and JP Morgan Chase Bank, N.A.

Brief Excerpt:

RESEARCH Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit Publication date: 28-Mar-2005 Credit Profile AFFIRMED $50,000 Illinois Dev Fin Auth (Museum of Contemporary Art Proj) var rate dem ser 94 ##-/A-1+ Rationale...

Report Type:

Summary

Issuer

Illinois Finance Authority

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

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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" Mar 28, 2005. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Fin-Auth-Public-Finance-Structured-Letter-of-Credit-430372>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Illinois Fin Auth; Public Finance Structured, Letter of Credit Mar 28, 2005. 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-430372>

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