Various Rating Actions Taken On 200 Wells Fargo Bank, South Dakota LOC-Supported Bonds Jun 09

  • ID: 1723604
  • June 2009
  • Region: South Dakota
  • Standard & Poors
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  • Albuquerque
  • Converse Cnty
  • Hale Cnty Indl Dev Corp
  • Lincoln Cnty
  • Moorhead
  • Rockford
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NEW YORK (Standard & Poor's) June 30, 2009--Standard & Poor's Ratings Services today took the following rating actions on 200 bond issues supported by Wells Fargo Bank N.A., South Dakota letters of credit (LOCs): -- We lowered the ratings on 183 LOC-supported bond issues and three jointly supported bond issues and removed the ratings from CreditWatch with negative implications; -- We lowered the ratings on eight bond issues and revised the CreditWatch implications to positive from developing, where they were placed June 1, 2009; and -- We affirmed the ratings on six jointly supported bond issues and removed the ratings from CreditWatch negative, where they were placed June 1, 2009 (see list). Of the 183 LOC-supported bond issues whose ratings...

Action: Affirmed
Action: CreditWatch Update
Action: Downgraded
Action: Removed From CreditWatch

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Research type: News
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- Wells Fargo Bank N.A.
- Pleasant Prairie Vill
- California Econ Dev Fing Auth
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- Physicians Real Estates, LLP
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- Port of Chehalis
- Osprey Properties Limited Partnership, LLLP
- Corporate Finance Managers, Inc.
- Educational Management Corp. (dba Indiana Business College)
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- Moorhead
- Minneapolis Comnty Dev Agy
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- Minneapolis
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- Hsg Auth of the City of Seattle
- Campbell Cnty
- Utah St Brd of Regents
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- Washington St Hsg Fin Comm
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- California Poll Ctl Fin Auth
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- Michigan Strategic Fund
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- Mendota Heights
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- Douglas Cnty
- Lancaster Cnty
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- Lincoln Cnty
- Sweetwater Cnty
- Pinal Cnty Indl Dev Auth
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- Los Angeles Cnty Comnty Dev Comm
- Shakopee
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- Old National Bank

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