Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit - S&P Global Ratings’ Credit Research

Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit

Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit
Published Jan 10, 2008
432 words — Published Jan 10, 2008
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About This Report

  
Abstract:

Standard&Poor's Ratings Services affirmed its 'AA+/A-1+' rating on Michigan State Housing Development Authority's (Pedcor Investments LLC) variable-rate demand limited obligation revenue bonds (Sand Creek II Apartments Project) series 2007B due to the bank facility being extended to Oct. 26, 2017. The long-term and short-term components of the rating are based on Citibank N.A.

  
Brief Excerpt:

RESEARCH Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit Publication date: 10-Jan-2008 Primary Credit Analyst: Chi W Tang, New York (1) 212-438-7989; chi_tang@standardandpoors.com Secondary...

  
Report Type:

Summary

Issuer
Michigan St Hsg Dev Auth
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit" Jan 10, 2008. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-State-Housing-Development-Authority-Pedcor-Investments-LLC-Letter-of-Credit-625060>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Michigan State Housing Development Authority Pedcor Investments LLC; Letter of Credit Jan 10, 2008. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-State-Housing-Development-Authority-Pedcor-Investments-LLC-Letter-of-Credit-625060>
  
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