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Camden County Improvement Auth/Camden Cnty, NJ's Lease Revenue Bonds Rated `A'; Outlook Stable Aug 99
Standard & Poors, Aug 1999
Abstract
NEW YORK (Standard & Poor's CreditWire) Aug. 16, 1999--Standard & Poor's today assigned its single-'A' rating to Camden County Improvement Authority, N.J.'s $22 million county-guaranteed lease revenue bonds series 1999 dated Aug. 14, 1999, due Sept. 1, 2016, issued for Camden County. Additionally, Standard & Poor's affirmed its single-'A' rating on the authority's $16.69 million taxable revenue bonds series 1993A and $5.34 million improvement authority guaranteed solid-waste bonds series 1993, issued for the county. At the same time, Standard & Poor's affirmed its triple-'A' insured rating and its single-'A' Standard & Poor's underlying rating (SPUR) on the authority's $11.49 million county-guaranteed lease revenue bonds series 1997, issued for the county. The ratings reflect: -- A stable economic base, -- Income...
Companies mentioned in this report are: Camden Cnty Imp Auth
Action: New Rating
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.
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