Research And Markets Research And Markets

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
1 of 3


  • Albuquerque
  • Coon Rapids
  • Healtheum, LLC
  • Lino Lakes City
  • Muleshoe Econ Dev Corp
  • Roseville
  • MORE

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

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.

Note: Product cover images may vary from those shown
2 of 3

- Wells Fargo Bank N.A.
- Pleasant Prairie Vill
- California Econ Dev Fing Auth
- Lino Lakes City
- Washington Econ Dev Fin Auth
- Kit Carson Cnty
- Physicians Real Estates, LLP
- North Carolina Capital Facilities Finance Agency
- Port of Chehalis
- Osprey Properties Limited Partnership, LLLP
- Gulf Gate Apartments, LLC
- Healtheum, LLC
- D & I Properties, LLC
- Southwest City Indl Dev Auth
- Muleshoe Econ Dev Corp
- California Enterprise Dev Auth
- Stevens Cnty
- Moffat Cnty
- San Diego Redev Agy
- Massachusetts Development Finance Agency
- Albuquerque
- Las Cruces
- New York St Energy Research & Dev Auth
- Burnsville
- Hsg Auth of the City of Seattle
- Campbell Cnty
- Woodstock
- Hawaii St Dept of Budget & Fin
- Miami Dade Cnty Indl Dev Auth
- Glendale Indl Dev Auth AZ
- Mississippi Bus Fin Corp
- Nighthawk Properties, LLC
- Riley Family Eagle Lake Limited Partnership and Riley Family Lexington Heights Limited Partnership
- California Infrastructure & Econ Dev Bnk
- Gilmer Indl Dev Corp
- Pacific Gas & Electric Co.
- Old National Bank
- Bank of the West
- Missouri Dev Fin Brd
- Corporate Finance Managers, Inc.
- Educational Management Corp. (dba Indiana Business College)
- Lauren Company, LLC
- Buchanan Cnty
- Huntington Pk Redev Agy
- Boone Cnty
- Collier Cnty Indl Dev Auth
- Grand Forks
- Pima Cnty Indl Dev Auth
- Converse Cnty
- Meyer Cookware Industries, Inc.
- Alaska Indl Dev and Export Auth
- Moorhead
- Minneapolis Comnty Dev Agy
- Roseville
- Minneapolis
- Coon Rapids
- Utah St Brd of Regents
- Emery Cnty
- Washington St Hsg Fin Comm
- California Poll Ctl Fin Auth
- Iowa Fin Auth
- Maple Grove
- Rockford
- Lincoln Cnty
- Sweetwater Cnty
- Hale Cnty Indl Dev Corp
- Seal Beach Redev Agy
- Los Angeles Cnty Comnty Dev Comm
- Southwestern Illinois Dev Auth
- Alameda Cnty Indl Dev Auth
- ABAG Fin Auth For Nonprofit Corps
- Oswego
- St. Michael
- Oregon
- St Paul Port Auth
- Bloomington
- Eagle Cnty
- Mesa Cnty
- Michigan Strategic Fund
- Indiana Dev Fin Auth
- Mendota Heights
- Douglas Cnty
- Lancaster Cnty
- Pinal Cnty Indl Dev Auth
- Apache Cnty Indl Dev Auth
- Riverside Cnty Indl Dev Auth
- Indiana Hlth Fac Fin Auth
- Shakopee
- California Statewide Communities Dev Auth
- South Dakota Econ Dev Fin Auth
- Upper Illinois River Vy Dev Auth

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown