Summary: Kentucky State Property&Building Commission   Kentucky; Appropriations - S&P Global Ratings’ Credit Research

Summary: Kentucky State Property&Building Commission Kentucky; Appropriations

Summary: Kentucky State Property&Building Commission   Kentucky; Appropriations - S&P Global Ratings’ Credit Research
Summary: Kentucky State Property&Building Commission Kentucky; Appropriations
Published Nov 12, 2015
5 pages (2225 words) — Published Nov 12, 2015
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services has assigned its 'A' long-term rating and stable outlook to the Kentucky State Property&Building Commission's revenue bonds, project no. 110, issued for the Commonwealth of Kentucky. The 'A' rating on the revenue bonds reflects our view of the security from: Lease rental payments from the Kentucky Finance and Administration Cabinet, an agency of the commonwealth, sufficient to pay debt service on the bonds; and The state's general credit characteristics. The finance and administration cabinet covenants and agrees to include sufficient amounts to pay debt service on the bonds in the appropriations proposed for each biennial term and that amounts sufficient to pay for the debt service on the bonds were included in the

  
Brief Excerpt:

...Standard & Poor's Ratings Services has assigned its 'A' long-term rating and stable outlook to the Kentucky State Property & Building Commission's revenue bonds, project no. 110, issued for the Commonwealth of Kentucky. The 'A' rating on the revenue bonds reflects our view of the security from:...

  
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Summary

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Global Issuers, Public Finance
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S&P Global Ratings’ Credit Research. "Summary: Kentucky State Property&Building Commission Kentucky; Appropriations" Nov 12, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Kentucky-State-Property-Building-Commission-Kentucky-Appropriations-1479998>
  
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S&P Global Ratings’ Credit Research. (). Summary: Kentucky State Property&Building Commission Kentucky; Appropriations Nov 12, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Kentucky-State-Property-Building-Commission-Kentucky-Appropriations-1479998>
  
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