Summary: Bank Of America LOC-Backed Issue On CreditWatch Positive; Multifamily FHA Insurance Nov 06
- ID: 1791464
- November 2006
- Region: America, United States
- Standard & Poors
Standard & Poor's Ratings Services placed its 'AA-' rating on one bond issue on CreditWatch with positive implications, reflecting the similar placement of Bank of America Corp. on CreditWatch with positive implications. Bank of America Corp. provides credit support for this issue in the form of a letter of credit....
Companies mentioned in this report are:
- Dorm Auth of the St of New York
- Bank of America Corp.
Action: On CreditWatch:Positive
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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.