Summary: Tacoma, WA; Public Finance Structured, Letter of Credit - S&P Global Ratings’ Credit Research

Summary: Tacoma, WA; Public Finance Structured, Letter of Credit

Summary: Tacoma, WA; Public Finance Structured, Letter of Credit - S&P Global Ratings’ Credit Research
Summary: Tacoma, WA; Public Finance Structured, Letter of Credit
Published Sep 20, 2000
336 words — Published Sep 20, 2000
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Abstract:

The rating on Tacoma, Wash.'s tax-exempt commercial paper is based on a direct pay LOC provided by Bank of America, N.A. ('A-1+' short-term rating). The LOC expires on Dec. 31, 2005, and purchases all notes upon maturity. Notes have terms no longer than 270 days and are not subject to redemption prior to maturity. Proceeds of the issue will finance the construction of a parking facility in downtown Tacoma.

  
Brief Excerpt:

RESEARCH Summary: Tacoma, WA; Public Finance Structured, Letter of Credit Publication date: 20-Sep-2000 Credit Profile CP prog muni issue ser 2000 1A due 2030 A-1+ Sale date: 19-SEP-2000 CP prog muni issue ser 2000 1B due 2030 A-1+ Sale...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public 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: Tacoma, WA; Public Finance Structured, Letter of Credit" Sep 20, 2000. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Tacoma-WA-Public-Finance-Structured-Letter-of-Credit-165593>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Tacoma, WA; Public Finance Structured, Letter of Credit Sep 20, 2000. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Tacoma-WA-Public-Finance-Structured-Letter-of-Credit-165593>
  
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