Summary: Philadelphia Authority for Industrial Development Inglis House Foundation; Non-Profit Organizations - S&P Global Ratings’ Credit Research

Summary: Philadelphia Authority for Industrial Development Inglis House Foundation; Non-Profit Organizations

Summary: Philadelphia Authority for Industrial Development Inglis House Foundation; Non-Profit Organizations - S&P Global Ratings’ Credit Research
Summary: Philadelphia Authority for Industrial Development Inglis House Foundation; Non-Profit Organizations
Published Dec 24, 2013
928 words — Published Dec 24, 2013
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About This Report

  
Abstract:

Standard&Poor's Ratings Services confirmed its 'AA/A-1' rating on Philadelphia Authority for Industrial Development's (Inglis House Foundation) series 1997 and 2000 revenue bonds, issued for the Inglis House project, due to the bank facility being extended to Dec. 26, 2016. The long-term component of the rating is based on the rating on the obligor, Inglis House Foundation. The short-term component of the rating is based on the rating on the liquidity facility provider, PNC Bank N.A. The stable outlook is based on the outlook on the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007

  
Brief Excerpt:

RESEARCH Summary: Philadelphia Authority for Industrial Development Inglis House Foundation; Non-Profit Organizations Publication date: 24-Dec-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 Inglis House Foundation; Non-Profit Organizations" Dec 24, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Philadelphia-Authority-for-Industrial-Development-Inglis-House-Foundation-Non-Profit-Organizations-1233112>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Philadelphia Authority for Industrial Development Inglis House Foundation; Non-Profit Organizations Dec 24, 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-Inglis-House-Foundation-Non-Profit-Organizations-1233112>
  
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