Wyoming Community Development Authority 2024 Series 1 And 3 Housing Revenue Bonds Rated ?AA+?; Outlook Is Stable - S&P Global Ratings’ Credit Research

Wyoming Community Development Authority 2024 Series 1 And 3 Housing Revenue Bonds Rated ?AA+?; Outlook Is Stable

Wyoming Community Development Authority 2024 Series 1 And 3 Housing Revenue Bonds Rated ?AA+?; Outlook Is Stable - S&P Global Ratings’ Credit Research
Wyoming Community Development Authority 2024 Series 1 And 3 Housing Revenue Bonds Rated ?AA+?; Outlook Is Stable
Published May 23, 2024
3 pages (1424 words) — Published May 23, 2024
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Abstract:

ENGLEWOOD (S&P Global Ratings) May 23, 2024--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 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,

  
Brief Excerpt:

...May 23, 2024 ENGLEWOOD (S&P Global Ratings) May 23, 2024--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 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. Bonds issued within the 1994 indenture are special obligations of WCDA, payable solely from the revenues, assets, and money pledged under the master indenture on...

  
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MLA:
S&P Global Ratings’ Credit Research. "Wyoming Community Development Authority 2024 Series 1 And 3 Housing Revenue Bonds Rated ?AA+?; Outlook Is Stable" May 23, 2024. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wyoming-Community-Development-Authority-2024-Series-1-And-3-Housing-Revenue-Bonds-Rated-AA-Outlook-Is-Stable-3180227>
  
APA:
S&P Global Ratings’ Credit Research. (). Wyoming Community Development Authority 2024 Series 1 And 3 Housing Revenue Bonds Rated ?AA+?; Outlook Is Stable May 23, 2024. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wyoming-Community-Development-Authority-2024-Series-1-And-3-Housing-Revenue-Bonds-Rated-AA-Outlook-Is-Stable-3180227>
  
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