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Summary: The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations

Published Jul 21, 2011

2174 words — Published Jul 21, 2011

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Abstract:

Standard&Poor's Ratings Services has affirmed its 'A-1+' short-term rating on The Salvation Army USA Eastern Territory (TSA), N.Y.'s series 2007A and 2007B commercial paper (CP). The rating incorporates an additional CP issuance that brings the outstanding CP to the full program limit of $400 million. At the same time, Standard&Poor's affirmed its 'AA-' issuer credit rating (ICR) on the organization. The ICR does not refer to any debt instrument and reflects our view of TSA's overall long-term credit quality. The ratings reflect our opinion of the organization's long success record and name recognition, a strong and generally stable financial profile that has grown a bit weaker over time due to rising debt levels, investment market volatility,

Brief Excerpt:

RESEARCH Summary: The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations Publication date: 21-Jul-2011 Primary Credit Analyst: Martin D Arrick, New York (1) 212-438-7963; martin_arrick@standardandpoors.com...

Report Type:

Summary

Issuer

Salvation Army USA East Terr

Sector

Public Finance

Country

United States

Region

United States

Format:

HTML

The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2013/05/01 – US$ 500.00

Summary: The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2013/05/01 – US$ 225.00

Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2014/05/29 – US$ 500.00

Summary: Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2014/05/29 – US$ 225.00

Salvation Army USA East Territory, New York; CP; Non-Profit Organizations – 2015/08/12 – US$ 500.00

The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2011/07/21 – US$ 500.00

The Salvation Army USA Eastern Territory, NY 'A-1+' Rating Affirmed On Additional Commercial Paper Issuance – 2011/07/20 – US$ 150.00

Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2010/02/24 – US$ 500.00

Summary: Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations – 2010/02/24 – US$ 225.00

Summary: Salvation Army Eastern Territory, New York; CP; Non-Profit Organizations – 2008/01/04 – US$ 225.00

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MLA:	S&P Global Ratings’ Credit Research. "Summary: The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations" Jul 21, 2011. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-The-Salvation-Army-USA-Eastern-Territory-New-York-CP-Non-Profit-Organizations-880400>

APA:	S&P Global Ratings’ Credit Research. (). Summary: The Salvation Army USA Eastern Territory, New York; CP; Non-Profit Organizations Jul 21, 2011. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-The-Salvation-Army-USA-Eastern-Territory-New-York-CP-Non-Profit-Organizations-880400>

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