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Bulletin: California Community College Financing Authority Series 2010A Bond Rating Unchanged Despite Revision In Leased Assets
Standard & Poors, June 2010
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
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SAN FRANCISCO (Standard & Poor's) June 11, 2010-- Standard & Poor's Ratings Services said today that a change to the leased assets securing the California Community College Financing Authority lease revenue bonds, series 2010A, issued on behalf of the College of the Sequoias Community College District and the Kern Community College District, does not affect the rating on the bonds (A/Stable). Although the Multi-media Learning Resource Center no longer secures the bonds, we believe that the remaining leased assets are sufficient to secure the bonds....
Companies mentioned in this report are: California Comnty Coll Fincg Auth,Kern Comnty Coll Dist,College of the Sequoias Comnty College Dist
California Comnty Coll Fincg Auth,Kern Comnty Coll Dist,College of the Sequoias Comnty College Dist