Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit - S&P Global Ratings’ Credit Research

Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit

Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit
Published Apr 12, 2013
884 words — Published Apr 12, 2013
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services confirmed its 'A+/A-1' rating on Philadelphia Authority for Industrial Development, Pa.'s (Girard Estate) series 2002 variable-rate demand revenue bonds, due to the bank facility being extended to Dec. 31, 2014. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, JPMorgan Chase Bank, N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009

  
Brief Excerpt:

RESEARCH Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit Publication date: 12-Apr-2013 Primary Credit Analyst: Chi W Tang, New York (1) 212-438-7989; chi_tang@standardandpoors.com...

  
Report Type:

Summary

Issuer
Philadelphia Industrial Development Authority
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit" Apr 12, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Philadelphia-Authority-For-Industrial-Development-Pennsylvania-Girard-Estate-Letter-of-Credit-1115871>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Philadelphia Authority For Industrial Development, Pennsylvania Girard Estate; Letter of Credit Apr 12, 2013. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Philadelphia-Authority-For-Industrial-Development-Pennsylvania-Girard-Estate-Letter-of-Credit-1115871>
  
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