Summary: New York City; Letter Of Credit - S&P Global Ratings’ Credit Research

Summary: New York City; Letter Of Credit

Summary: New York City; Letter Of Credit - S&P Global Ratings’ Credit Research
Summary: New York City; Letter Of Credit
Published Sep 10, 2015
Published Sep 10, 2015
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services confirmed its 'A/A-1' rating on New York City's fiscal 2004 series A, subseries A-2 adjustable-rate general obligation (GO) bonds, due to the bank facility being extended to June 29, 2018. The long-term and short-term components of the rating are based on the ratings on the letter of credit provider, Bank of America N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015

  
Report Type:

Summary

Issuer
New York City
Sector
Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: New York City; Letter Of Credit" Sep 10, 2015. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-York-City-Letter-Of-Credit-1449585>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: New York City; Letter Of Credit Sep 10, 2015. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-York-City-Letter-Of-Credit-1449585>
  
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