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

Wyoming Community Development Authority; Single Family Whole Loan

Wyoming Community Development Authority; Single Family Whole Loan - S&P Global Ratings’ Credit Research
Wyoming Community Development Authority; Single Family Whole Loan
Published Jan 16, 2015
7 pages (2829 words) — Published Jan 16, 2015
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'AA+' rating to the Wyoming Community Development Authority's (WCDA) housing revenue bonds, 2015 series 1, 2, and 3. At the same time, Standard&Poor's affirmed its 'AA+' long-term rating on the bonds previously issued under WCDA's 1994 parity indenture. In addition, we affirmed the 'A-1+' short-term rating on all variable-rate bonds outstanding under the 1994 indenture. The short-term rating reflects liquidity support in the form of standby bond purchase agreements provided by either State Street Bank and Trust Co. (AA-/Stable/A-1+) or The Bank of New York Mellon (AA-/Stable/A-1+). The outlook, where applicable, is stable. The 'AA+' long-term rating is based on our view of the following strengths: The strong credit quality of

  
Brief Excerpt:

...Standard & Poor's Ratings Services assigned its '##+' rating to the Wyoming Community Development Authority's (WCDA) housing revenue bonds, 2015 series 1, 2, and 3. At the same time, Standard & Poor's affirmed its '##+' long-term rating on the bonds previously issued under WCDA's 1994 parity indenture. In addition, we affirmed the 'A-1+' short-term rating on all variable-rate bonds outstanding under the 1994 indenture. The short-term rating reflects liquidity support in the form of standby bond purchase agreements provided by either State Street Bank and Trust Co. (##-/Stable/A-1+) or The Bank of New York Mellon (##-/Stable/A-1+). The outlook, where applicable, is stable. The '##+' long-term rating is based on our view of the following strengths:...

  
Report Type:

Full Report

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Wyoming Community Development Authority; Single Family Whole Loan" Jan 16, 2015. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-1379756>
  
APA:
S&P Global Ratings’ Credit Research. (). Wyoming Community Development Authority; Single Family Whole Loan Jan 16, 2015. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Wyoming-Community-Development-Authority-Single-Family-Whole-Loan-1379756>
  
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