Summary: Kansas Development Finance Authority; State Revolving Funds/Pools
- ID: 1784298
- November 2010
- Region: Kansas
- Standard & Poors
Standard & Poor's Ratings Services has assigned its 'AAA' rating, and stable outlook, to Kansas Development Finance Authority's (KDFA) series 2010 SRF-1, SRF-2, and SRF-3 revenue bonds. We have also affirmed the 'AAA' rating on the authority's water pollution control and public water supply bonds outstanding. KDFA is issuing about $232 million of bonds to (1) refund a portion of its water pollution control bonds and public water supply bonds outstanding, and (2) make new loans for clean water projects. These series of bonds are being issued under a new master trust indenture. We understand that an additional issuance is likely in March 2011. Loans made under the previous indentures continue to provide security for the public water supply and...
Companies mentioned in this report are: Kansas Dev Fin Auth
Action: New Rating
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