Summary: Public Finance Authority, Wisconsin   Nashville&Davidson County Metropolitan Governmentt; Appropriations; General Obligation - S&P Global Ratings’ Credit Research

Summary: Public Finance Authority, Wisconsin Nashville&Davidson County Metropolitan Governmentt; Appropriations; General Obligation

Summary: Public Finance Authority, Wisconsin   Nashville&Davidson County Metropolitan Governmentt; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Summary: Public Finance Authority, Wisconsin Nashville&Davidson County Metropolitan Governmentt; Appropriations; General Obligation
Published Oct 22, 2014
5 pages (2161 words) — Published Oct 22, 2014
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Abstract:

Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to the Public Finance Authority, Wis.'s series 2014 taxable parking revenue bonds, which will be loaned to the Parking Real Estate Fund II, L.P. The Parking Real Estate Fund II, LP is issuing debt on behalf of the Metropolitan Development and Housing Authority (MDHA), which is any agency and instrumentality of the Nashville&Davidson County Metropolitan Government (Metro). At the same time, Standard&Poor's affirmed its 'AA' long-term and underlying rating (SPUR) on Metro's existing general obligation (GO) debt. Finally, Standard&Poor's affirmerd its 'AA-' long-term rating on Metro's existing debt, issued by the Nashville&Davidson County Metropolitan Government Sports Authority. The outlook on all ratings

  
Brief Excerpt:

...Standard & Poor's Ratings Services assigned its '##-' long-term rating to the Public Finance Authority, Wis.'s series 2014 taxable parking revenue bonds, which will be loaned to the Parking Real Estate Fund II, L.P. The Parking Real Estate Fund II, LP is issuing debt on behalf of the Metropolitan Development and Housing Authority (MDHA), which is any agency and instrumentality of the Nashville & Davidson County Metropolitan Government (Metro). At the same time, Standard & Poor's affirmed its '##' long-term and underlying rating (SPUR) on Metro's existing general obligation (GO) debt. Finally, Standard & Poor's affirmerd its '##-' long-term rating on Metro's existing debt, issued by the Nashville & Davidson County Metropolitan Government Sports Authority. The outlook on all ratings is stable. The series 2014 bonds will provide pre-paid rent that will used by MDHA to finance the design, acquisition, construction, and equipping of a 12-level parking garage that consists of approximately 972...

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Public Finance Authority, Wisconsin Nashville&Davidson County Metropolitan Governmentt; Appropriations; General Obligation" Oct 22, 2014. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Public-Finance-Authority-Wisconsin-Nashville-Davidson-County-Metropolitan-Governmentt-Appropriations-General-Obligation-1365439>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Public Finance Authority, Wisconsin Nashville&Davidson County Metropolitan Governmentt; Appropriations; General Obligation Oct 22, 2014. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Public-Finance-Authority-Wisconsin-Nashville-Davidson-County-Metropolitan-Governmentt-Appropriations-General-Obligation-1365439>
  
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