Summary: North Carolina Med Care Comm; Pf Structured, Letter of Credit - S&P Global Ratings’ Credit Research

Summary: North Carolina Med Care Comm; Pf Structured, Letter of Credit

Summary: North Carolina Med Care Comm; Pf Structured, Letter of Credit - S&P Global Ratings’ Credit Research
Summary: North Carolina Med Care Comm; Pf Structured, Letter of Credit
Published May 03, 1999
Published May 03, 1999
Price US$ 225.00  |  Buy this Report Now

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Abstract:

The rating on North Carolina Medical Care Commission's bonds, issued for Wakemed, is based on an irrevocable direct-pay LOC provided by Wachovia Bank N.A. The LOC covers principal of and interest on the bonds and purchased price for tendered bonds. The LOC will expire on May 5, 2000, unless extended or earlier terminated pursuant to its terms. Bond proceeds will be used to finance the acquisition of equipment and fixed assets for WakeMed.

  
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Summary

Issuer
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Global Issuers, Public Finance
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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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MLA:
S&P Global Ratings’ Credit Research. "Summary: North Carolina Med Care Comm; Pf Structured, Letter of Credit" May 03, 1999. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Carolina-Med-Care-Comm-Pf-Structured-Letter-of-Credit-102818>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: North Carolina Med Care Comm; Pf Structured, Letter of Credit May 03, 1999. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-North-Carolina-Med-Care-Comm-Pf-Structured-Letter-of-Credit-102818>
  
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