Summary: Orange Cnty, FL; General Obligation, Local CP - S&P Global Ratings’ Credit Research

Summary: Orange Cnty, FL; General Obligation, Local CP

Summary: Orange Cnty, FL; General Obligation, Local CP - S&P Global Ratings’ Credit Research
Summary: Orange Cnty, FL; General Obligation, Local CP
Published Aug 23, 2000
Published Aug 23, 2000
Price US$ 225.00  |  Buy this Report Now

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Abstract:

The rating on Orange County, Fla.'s CP notes is affirmed. The CP notes are secured by the county's non-ad valorem revenues. Proceeds fund the county's capital improvement program. Liquidity support to address a potential failed CP note remarketing is provided by a line of credit with Bank of America, N.A. ('AA-/A-1+'). The amount available under the line of credit is $50 million plus 270 days' interest at 10% per annum of the maximum rate of interest. The line expires on June 1, 2001. The dealer is Salomon Smith Barney Inc.

  
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Summary

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Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Orange Cnty, FL; General Obligation, Local CP" Aug 23, 2000. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Orange-Cnty-FL-General-Obligation-Local-CP-162569>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Orange Cnty, FL; General Obligation, Local CP Aug 23, 2000. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Orange-Cnty-FL-General-Obligation-Local-CP-162569>
  
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