Summary: Maricopa County Industrial Development Authority, Arizona; Affordable Housing - S&P Global Ratings’ Credit Research

Summary: Maricopa County Industrial Development Authority, Arizona; Affordable Housing

Summary: Maricopa County Industrial Development Authority, Arizona; Affordable Housing - S&P Global Ratings’ Credit Research
Summary: Maricopa County Industrial Development Authority, Arizona; Affordable Housing
Published Nov 29, 2006
Published Nov 29, 2006
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services raised its underlying rating (SPUR) on Maricopa County Industrial Development Authority (Carleton Club Apartments), Ariz.'s bonds to 'AAA' from 'B+' based on the legal defeasance of the issue. The issue will be defeased through the first call date of July 1, 2008. This issue was defeased with cash only. Standard&Poor's reviewed an escrow agreement, verification report, bankruptcy opinion, and defeasance opinion. The bond insurer remains unchanged. The stable outlook continues to reflect that of the bond insurer.

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Maricopa County Industrial Development Authority, Arizona; Affordable Housing" Nov 29, 2006. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maricopa-County-Industrial-Development-Authority-Arizona-Affordable-Housing-548213>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Maricopa County Industrial Development Authority, Arizona; Affordable Housing Nov 29, 2006. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maricopa-County-Industrial-Development-Authority-Arizona-Affordable-Housing-548213>
  
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