Summary: Wyoming Community Development Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research

Summary: Wyoming Community Development Authority; Single Family Whole Loan

Summary: Wyoming Community Development Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Summary: Wyoming Community Development Authority; Single Family Whole Loan
Published May 23, 2024
10 pages (3568 words) — Published May 23, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+' long-term rating to the Wyoming Community Development Authority's (WCDA) 2024 series 1 and 3 housing revenue bonds with an expected par amount of $77.98 million and $15.00 million, respectively. We also assigned our 'AA+/A-1+' dual rating to WCDA's variable rate 2024 series 2 housing revenue bonds with an expected par amount of $18 million, following the issuance of a standby bond purchase agreement (SBPA) provided by Royal Bank of Canada (AA-/A-1+). At the same time, we affirmed our 'AA+' long-term rating on WCDA's 1994 indenture and 'AA+/A-1+' and 'AA+/A-1' dual ratings on WCDA's other applicable variable-rate series bonds outstanding under the 1994 single-family mortgage program parity indenture. The outlook, where applicable, is stable. Bonds

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##+' long-term rating to the Wyoming Community Development Authority's (WCDA) 2024 series 1 and 3 housing revenue bonds with an expected par amount of $77.98 million and $15.00 million, respectively. + We also assigned our '##+/A-1+' dual rating to WCDA's variable rate 2024 series 2 housing revenue bonds with an expected par amount of $18 million, following the issuance of a standby bond purchase agreement (SBPA) provided by Royal Bank of Canada (##-/A-1+). + At the same time, we affirmed our '##+' long-term rating on WCDA's 1994 indenture and '##+/A-1+' and '##+/A-1' dual ratings on WCDA's other applicable variable-rate series bonds outstanding under the 1994 single-family mortgage program parity indenture. + The outlook, where applicable, is stable....

  
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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: Wyoming Community Development Authority; Single Family Whole Loan" May 23, 2024. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-3180247>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Wyoming Community Development Authority; Single Family Whole Loan May 23, 2024. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-3180247>
  
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