- Language: English
- 115 Pages
- Published: June 2009
- Region: United States
Summary: Illinois Finance Authority Little Company of Mary Health Services; Letter of Credit Apr 08
- Published: April 2008
- Region: Illinois
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA/A-1+' rating to Illinois Finance Authority's revenue bonds 2008 series A and B issued for Little Company of Mary Health Services based on an LOC provided by JPMorgan Chase Bank N.A. The long-term component of the rating indicates the likelihood that debt service will be paid. The short-term component of the rating indicates the likelihood that mandatory and optional tenders will be paid. The bonds will be issued in a weekly rate mode and are subject to mandatory redemption as well as mandatory tender. The bonds are also callable due to optional redemption. Bondholders have a seven-day put option while in the weekly rate mode. Interest during the weekly rate mode will be...
Companies mentioned in this report are:
- Illinois Fin Auth
Action: New Rating
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- Illinois Fin Auth