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Summary: Bach & Branches Drain Drainage District, Michigan Tuscola County; General Obligation; General Obligation Equivalent Security Product Image

Summary: Bach & Branches Drain Drainage District, Michigan Tuscola County; General Obligation; General Obligation Equivalent Security

  • Published: May 2006
  • Standard & Poors

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.

Abstract
The 'A-' rating on Bach and Branches Drain Drainage District, Mich.'s series 2006 drain bonds, which are secured by a general obligation pledge of Tuscola County, reflects the county's credit characteristics, which include: Healthy tax READ MORE >

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