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Summary: California Statewide Comntys Dev Auth; Pf Structured, Liquidity Facility Nov 99 Product Image

Summary: California Statewide Comntys Dev Auth; Pf Structured, Liquidity Facility Nov 99

  • ID: 2043659
  • November 1999
  • Region: California
  • Standard & Poors

Abstract
The rating on California Statewide Communities Development Authority's certificates of participation, issued on behalf of Memorial Health Services, is affirmed due to the extension of the standby bond purchase agreement provided by ABN-AMRO Bank N.V. until Sept. 25, 2000....

Companies mentioned in this report are:
- California Statewide Communities Dev 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.

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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- California Statewide Communities Dev Auth

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

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