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Summary: University of Alabama Jul 04 Product Image

Summary: University of Alabama Jul 04

  • ID: 1716748
  • July 2004
  • Region: Alabama
  • Standard & Poors


  • Eagle Tax-Exempt Tr
  • University of Alabama
  • MORE

Eagle Tax-Exempt Trust series 20040032 class A certificates of participation, relating to The Board of Trustees of the University of Alabama general revenue bonds, The University of Alabama series 2004-A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the MBIA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. to July 1, 2005....

Companies mentioned in this report are:
- University of Alabama
- Eagle Tax-Exempt Tr

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- University of Alabama
- Eagle Tax-Exempt Tr

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