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Summary: California Statewide Communities Development Authority Chabad Of California; Letter of Credit Dec 10 Product Image

Summary: California Statewide Communities Development Authority Chabad Of California; Letter of Credit Dec 10

  • Published: December 2010
  • Region: California
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its 'A/A-1' rating on California Statewide Communities Development Authority's (Chabad of California) variable-rate demand revenue bonds series 2004, due to the bank facility being extended to June 30, 2011. The long-term and short-term components of the rating is based on Comerica Bank. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009...

Companies mentioned in this report are:
- Chabad of California
- California Statewide Communities Dev Auth

Action: Affirmed

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 READ MORE >

- Chabad of California
- California Statewide Communities Dev Auth

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