Summary: Minnesota Housing Finance Agency; Escrow - S&P Global Ratings’ Credit Research

Summary: Minnesota Housing Finance Agency; Escrow

Summary: Minnesota Housing Finance Agency; Escrow - S&P Global Ratings’ Credit Research
Summary: Minnesota Housing Finance Agency; Escrow
Published Jan 10, 2014
1469 words — Published Jan 10, 2014
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA+' long-term rating to Minnesota Housing Finance Agency's series 2013 multifamily housing revenue bonds, issued for the Eastport Apartments project. The outlook is stable. The rating reflects our view of eligible investments that are expected to mature as needed in amounts sufficient to pay debt service. Standard&Poor's would previously assign an 'SP-1+' short-term rating to issues of this type, but we now base such ratings on the long-term issuer credit rating (ICR) on the investment provider if the remaining term to maturity (or earlier mandatory call) is greater than 13 months, or on the short-term ICR on the letter of credit or investment provider if the remaining term to maturity (or

  
Brief Excerpt:

RESEARCH Summary: Minnesota Housing Finance Agency; Escrow Publication date: 10-Jan-2014 Primary Credit Analyst: Renee J Berson, New York (1) 212-438-7966; renee.berson@standardandpoors.com Secondary Contact: Beatriz Peguero, New...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Minnesota Housing Finance Agency; Escrow" Jan 10, 2014. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minnesota-Housing-Finance-Agency-Escrow-1239466>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Minnesota Housing Finance Agency; Escrow Jan 10, 2014. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minnesota-Housing-Finance-Agency-Escrow-1239466>
  
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