Summary: Kansas Department Of Transportation; Gas Tax - S&P Global Ratings’ Credit Research

Summary: Kansas Department Of Transportation; Gas Tax

Summary: Kansas Department Of Transportation; Gas Tax - S&P Global Ratings’ Credit Research
Summary: Kansas Department Of Transportation; Gas Tax
Published Oct 29, 2010
Published Oct 29, 2010
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Kansas Department of Transportation's (KDOT) adjustable highway revenue bonds series 2008A, based on the revision of enhancement expected to occur on Nov. 1, 2010. The long-term component of the rating is supported by KDOT (AAA). The short-term component of the rating is supported by the facility provided by U.S. Bank National Association (AA-/A-1+). The facility covers payments required as a result of tender options, and it should be noted that the facility will not be available to purchase bonds should the obligor's rating be withdrawn, suspended, or lowered below 'BBB-'. The facility with U.S. Bank National Association is expected to be sized at 35 days of interest coverage at the

  
Report Type:

Summary

Issuer
Sector
Public Finance
Country
Region
Format:
HTML HTML
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Kansas Department Of Transportation; Gas Tax" Oct 29, 2010. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Kansas-Department-Of-Transportation-Gas-Tax-828736>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Kansas Department Of Transportation; Gas Tax Oct 29, 2010. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Kansas-Department-Of-Transportation-Gas-Tax-828736>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.