Summary: Chicago Brd of Ed, IL; Public Finance Structured, Liquidity Facility Jan 06
Standard & Poors, January 2006
Abstract
The rating on Chicago Board of Education, Ill.'s unlimited tax variable-rate bonds series 2000B, C, and D has been affirmed subsequent to the bank facility being extended to Dec. 8, 2012. The long-term component of the rating is based on Financial Security Assurance Inc. The short-term component of the rating is based on Dexia Credit Local. The stable outlook is based on the outlook of the insurance provider, Financial Security Assurance Inc....
Companies mentioned in this report are: Chicago Brd of Ed
Action: Affirmed
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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.
Chicago Brd of Ed
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