Summary: Philadelphia; Letter Of Credit - S&P Global Ratings’ Credit Research

Summary: Philadelphia; Letter Of Credit

Summary: Philadelphia; Letter Of Credit - S&P Global Ratings’ Credit Research
Summary: Philadelphia; Letter Of Credit
Published Jan 14, 2016
3 pages (863 words) — Published Jan 14, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services confirmed its ratings on Philadelphia's debt due to the bank facility being extended to Jan. 7, 2019. The long- and short-term components of the rating reflect the letter of credit provider, Wells Fargo Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015

  
Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its ratings on Philadelphia's debt due to the bank facility being extended to Jan. 7, 2019. The long- and short-term components of the rating reflect the letter of credit provider, Wells Fargo Bank N.A....

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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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: Philadelphia; Letter Of Credit" Jan 14, 2016. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Philadelphia-Letter-Of-Credit-1562727>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Philadelphia; Letter Of Credit Jan 14, 2016. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Philadelphia-Letter-Of-Credit-1562727>
  
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