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California Community College Financing Authority's Series 2009B TRANs Program Participants Updated

Standard & Poors, April 2010


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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.


Research type: News

This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.


Abstract

NEW YORK (Standard & Poor's) April 19, 2010--Standard & Poor's Ratings Services has updated its rating rationale to reflect the final participants in the California Community College Financing Authority's tax and revenue anticipation note (TRAN) program, series 2009B note participations. All of the following participants were rated no lower than 'SP-1'. (Please see the summary on the series 2009B TRANs, published June 26, 2009.) District TRAN amount ($) % of pool Napa Valley 5,000,000 21.8% Palo Verde 2,375,000 10.4% San Luis Obispo 9,000,000 39.3% Shasta-Tehama-Trinity Jt 6,535,000 28.5% Total 22,910,000 100.0%...


Companies mentioned in this report are: California Comnty Coll Fincg Auth,Palo Verde Comnty Coll Dist,Shasta-Tehama-Trinity Jt Comnty Coll Dist,Napa Vy Comnty Coll Dist,San Luis Obispo Cnty Comnty Coll Dist

Action: General Comment






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