- Language: English
- 774 Pages
- Published: October 2012
- Region: World
Summary: AARP, District Of Columbia; Joint Criteria; Non-Profit Organizations Apr 11
- Published: April 2011
- Standard & Poors
Standard & Poor's Ratings Services has affirmed its 'AA' issuer credit rating (ICR) on AARP, D.C., and its 'AA' long-term and underlying (SPUR) ratings on AARP's debt. In addition, Standard & Poor's affirmed its 'AAA/A-1' dual rating on AARP's series 2001A taxable notes. The 'AAA' long-term component of the 'AAA/A-1' rating on AARP's series 2001A taxable notes reflects the application of joint criteria based on Bank of America N.A. (A+/A-1) as the letter of credit (LOC) provider and the 'AA' SPUR on AARP. The short-term component of the rating on the notes reflects the short-term rating on Bank of America N.A. Management implemented several initiatives in fiscal 2010, aimed at strengthening both operations and balance sheet measures for AARP. At...
Companies mentioned in this report are: AARP
Action: Outlook: Stable
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