Summary: Illinois Finance Authority Concordia Place Apartments L.P.; Letter of Credit - S&P Global Ratings’ Credit Research

Summary: Illinois Finance Authority Concordia Place Apartments L.P.; Letter of Credit

Summary: Illinois Finance Authority Concordia Place Apartments L.P.; Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Illinois Finance Authority Concordia Place Apartments L.P.; Letter of Credit
Published Oct 28, 2014
3 pages (980 words) — Published Oct 28, 2014
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services confirmed its 'A+/A-1' rating on Illinois Finance Authority's (Concordia Place Apartments project) series 2012A variable-rate demand multifamily housing revenue refunding bonds, issued for Concordia Place Apartments L.P., due to the bank facility being extended to Oct. 1, 2015. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, BMO Harris Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009

  
Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its 'A+/A-1' rating on Illinois Finance Authority's (Concordia Place Apartments project) series 2012A variable-rate demand multifamily housing revenue refunding bonds, issued for Concordia Place Apartments L.P., due to the bank facility being extended to Oct. 1, 2015. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, BMO Harris Bank N.A....

  
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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MLA:
S&P Global Ratings’ Credit Research. "Summary: Illinois Finance Authority Concordia Place Apartments L.P.; Letter of Credit" Oct 28, 2014. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Finance-Authority-Concordia-Place-Apartments-L-P-Letter-of-Credit-1366311>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Finance Authority Concordia Place Apartments L.P.; Letter of Credit Oct 28, 2014. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Finance-Authority-Concordia-Place-Apartments-L-P-Letter-of-Credit-1366311>
  
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