Summary: Los Angeles Harbor Department, California; CP - S&P Global Ratings’ Credit Research

Summary: Los Angeles Harbor Department, California; CP

Summary: Los Angeles Harbor Department, California; CP - S&P Global Ratings’ Credit Research
Summary: Los Angeles Harbor Department, California; CP
Published Jul 12, 2012
Published Jul 12, 2012
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services has assigned its 'A-1' short-term rating to Los Angeles Harbor Department, Calif.'s commercial paper (CP) notes series 2012 subseries A-1, B-1, C-1, and D-1 and its 'A-1+' short-term rating to the subseries A-2, B-2, C-2, and D-2. The ratings are based on liquidity facilities (LFs) issued by the following banks: Mizuho Corporate Bank Ltd. (A-1) is providing coverage for subseries A-1, B-1, C-1, and D-1; and Wells Fargo Bank N.A. (A-1+) is providing coverage for subseries A-2, B-2, C-2, and D-2. The liquidity facilities are revocable and are subject to termination without notice to noteholders upon the occurrence of various events in the line of credit agreement (liquidity facility) that include, but are not limited

  
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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: Los Angeles Harbor Department, California; CP" Jul 12, 2012. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Los-Angeles-Harbor-Department-California-CP-987427>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Los Angeles Harbor Department, California; CP Jul 12, 2012. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Los-Angeles-Harbor-Department-California-CP-987427>
  
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