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Summary: Indianapolis; Letter of Credit

Published Aug 04, 2015

3 pages (876 words) — Published Aug 04, 2015

Price US$ 225.00 | Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services confirmed its 'A-1' rating on Indianapolis' utility commercial paper program, due to the bank facility being extended to July 16, 2018. The rating is based on the short-term rating on the letter of credit provider, JPMorgan Chase Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015

Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its 'A-1' rating on Indianapolis' utility commercial paper program, due to the bank facility being extended to July 16, 2018. The rating is based on the short-term rating on the letter of credit provider, JPMorgan Chase Bank N.A....

Report Type:

Summary

Issuer

Indianapolis

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: Indianapolis; Letter of Credit" Aug 04, 2015. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Indianapolis-Letter-of-Credit-1428797>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Indianapolis; Letter of Credit Aug 04, 2015. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Indianapolis-Letter-of-Credit-1428797>

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