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Summary: Jasper-Morgan-Newton-Walton Counties Joint Development Authority, Georgia; Insured Liquidity

  • ID: 1784781
  • November 2007
  • Region: Georgia
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Jasper-Morgan-Newton-Walton Counties Joint Development Authority, Ga.'s taxable adjustable-rate revenue bonds (Industrial Park Project) series 1999 due to the bank facility being extended to Oct. 15, 2008. The long-term component of the rating is based on Ambac Assurance Corp. The short-term component of the rating is based on Wachovia Bank N.A. The stable outlook is based on the outlook of the bond insurer....

Companies mentioned in this report are: Jasper-Morgan-Newton-Walton Cnties Jt Dev Auth
Action: Affirmed

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.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

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Jasper-Morgan-Newton-Walton Cnties Jt Dev Auth

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

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