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Summary: Washington State Housing Finance Commission; Letter of Credit

Published Mar 27, 2015

3 pages (916 words) — Published Mar 27, 2015

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Abstract:

Standard&Poor's Ratings Services confirmed its 'A+/A-1' rating on Washington State Housing Finance Commission's (Deer Run West Apartments project) series 2004A and 2004B variable-rate demand multifamily housing revenue bonds, due to the bank facility being extended to May 20, 2016. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, Mizuho Bank Ltd. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015

Brief Excerpt:

...Standard & Poor's Ratings Services confirmed its 'A+/A-1' rating on Washington State Housing Finance Commission's (Deer Run West Apartments project) series 2004A and 2004B variable-rate demand multifamily housing revenue bonds, due to the bank facility being extended to May 20, 2016. The long-term and short-term components of the rating are based on the rating on the letter of credit provider, Mizuho Bank Ltd....

Report Type:

Summary

Issuer

Washington St Hsg Fin Comm

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Washington State Housing Finance Commission; Letter of Credit" Mar 27, 2015. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Washington-State-Housing-Finance-Commission-Letter-of-Credit-1391183>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Washington State Housing Finance Commission; Letter of Credit Mar 27, 2015. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Washington-State-Housing-Finance-Commission-Letter-of-Credit-1391183>

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