Home Credit Ratings and Research S&P Global Ratings’ Credit Research Washington St Hsg Fin Comm

Washington State Housing Finance Commission's Multifamily Bonds Assigned 'AAA/A-1+' Rating

Published Nov 13, 2000

587 words — Published Nov 13, 2000

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

SAN FRANCISCO (Standard&Poor's CreditWire) Nov. 13, 2000--Standard&Poor's today assigned its triple-'A'/'A-1'-plus ratings to Washington State Housing Finance Commission's $6.3 million multifamily housing revenue bonds series 2000 and the commission's $1.6 million multifamily housing revenue bonds, series B. The bonds are scheduled to sell Nov. 20, 2000. The ratings reflect extremely strong credit enhancement and liquidity support for the bonds through a Fannie Mae direct pay credit facility. Upon bond closing Fannie Mae will provide a direct pay credit enhancement facility. Under this structure, the trustee is instructed to draw on Fannie Mae one day prior to each bond interest payment date; hence there is no lag. The credit facility also covers payments necessary to purchase tendered

Brief Excerpt:

RESEARCH Washington State Housing Finance Commission's Multifamily Bonds Assigned '###/A-1+' Rating Publication date: 13-Nov-2000 SAN FRANCISCO (Standard & Poor's CreditWire) Nov. 13, 2000--Standard & Poor's today assigned its triple-'A'/'A-1'-plus...

Report Type:

Ratings Action

Issuer

Washington St Hsg Fin Comm

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: Washington St Hsg Fin Com – 2000/11/16 – US$ 225.00

Washington State Housing Finance Commission's Revenue Bonds Rated 'AAA' – 2001/01/31 – US$ 150.00

Summary: Washington St Hsg Fin Com; Housing, Multifamily GNMA – 2001/02/02 – US$ 225.00

Summary: Washington St Hsg Fin Com; Housing, Fannie Mae Direct Pay – 2001/03/28 – US$ 225.00

Summary: Washington St Hsg Fin Com; Housing, Single Family GNMA; Housing, Single Family Multiple MBS – 2001/06/05 – US$ 225.00

Summary: Washington St Hsg Fin Com; Housing, Multifamily GNMA – 2000/09/25 – US$ 225.00

Washington State Housing Finance Commission's Multifamily Housing Revenue Bonds Rated 'AAA' – 2000/09/22 – US$ 150.00

Summary: Washington St Hsg Fin Com; Pf Structured, Letter of Credit – 2000/08/03 – US$ 225.00

Summary: Washington St Hsg Fin Com; Revenue - Housing, FNMA Collateral Agreement – 2000/06/29 – US$ 225.00

Summary: Washington St Hsg Fin Com; Revenue - Housing, FNMA Collateral Agreement; Revenue - Housing, Multifamily GNMA – 2000/02/10 – US$ 225.00

More from S&P Global Ratings’ Credit Research

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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Washington State Housing Finance Commission's Multifamily Bonds Assigned 'AAA/A-1+' Rating" Nov 13, 2000. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Washington-State-Housing-Finance-Commission-s-Multifamily-Bonds-Assigned-AAA-A-1-Rating-171909>

APA:	S&P Global Ratings’ Credit Research. (). Washington State Housing Finance Commission's Multifamily Bonds Assigned 'AAA/A-1+' Rating Nov 13, 2000. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Washington-State-Housing-Finance-Commission-s-Multifamily-Bonds-Assigned-AAA-A-1-Rating-171909>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.