...March 2, 2020 CENTENNIAL (S&P Global Ratings) March 2, 2020--S&P Global Ratings assigned its '##+' long-term rating to the Wyoming Community Development Authority's (WCDA) 2020 series 1 and series 2 housing revenue bonds. In addition, S&P Global Ratings affirmed its '##+' long-term rating and various short-term ratings on the bonds outstanding, issued under WCDA's 1994 parity indenture. The outlook on all ratings, where applicable, is stable. "The '##+' long-term rating is based on our view of WCDA's 1994 Indenture credit characteristics as evidenced by the indenture's very strong mortgage loan collateral, asset-to-liability parity, reserves, as well as strong management," said S&P Global Ratings credit analyst Daniel Pulter. "The stable outlook reflects our expectation of continued high parity and improved performance of the mortgage portfolio. In addition, the outlook reflects our expectation that WCDA will continue to closely monitor the indenture to ensure its solid performance." Bond...
