Summary: Nevada Housing Division; Single Family Multiple MBS - S&P Global Ratings’ Credit Research

Summary: Nevada Housing Division; Single Family Multiple MBS

Summary: Nevada Housing Division; Single Family Multiple MBS - S&P Global Ratings’ Credit Research
Summary: Nevada Housing Division; Single Family Multiple MBS
Published Feb 02, 2024
5 pages (1875 words) — Published Feb 02, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' rating to Nevada Housing Division's (NHD) series 2024A and series 2024B single-family mortgage revenue bonds, issued under the 2008 general indenture, with expected par amounts of $30.0 million and $49.5 million, respectively. At the same time, S&P Global Ratings affirmed its 'AA+' rating on bonds outstanding in NHD's general indenture. The outlook is stable. Bonds issued within the general indenture are limited obligations of NHD, payable solely from revenue, assets, and money pledged under the master indenture on a parity basis with all senior obligations outstanding under the indenture. According to preliminary transaction documents, NHD will use series 2024A and B bond proceeds to refund certain existing bonds of the division, and to purchase

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' rating to Nevada Housing Division's (NHD) series 2024A and series 2024B single-family mortgage revenue bonds, issued under the 2008 general indenture, with expected par amounts of $30.0 million and $49.5 million, respectively. + At the same time, S&P Global Ratings affirmed its '##+' rating on bonds outstanding in NHD's general indenture. + The outlook is stable....

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Nevada Housing Division; Single Family Multiple MBS" Feb 02, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Nevada-Housing-Division-Single-Family-Multiple-MBS-3120972>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Nevada Housing Division; Single Family Multiple MBS Feb 02, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Nevada-Housing-Division-Single-Family-Multiple-MBS-3120972>
  
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