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Summary: California Statewide Communities Development Authority; Letter of Credit Jan 08 Product Image

Summary: California Statewide Communities Development Authority; Letter of Credit Jan 08

  • Published: January 2008
  • Region: California
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its 'AA+/A-1+' rating on California Statewide Communities Development Authority's (Covenant Retirement Community West) certificate of participation series 1995 due to the bank facility being extended to Jan. 1, 2012. The long-term and short-term components of the rating are based on LaSalle Bank N.A....

Companies mentioned in this report are:
- 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 of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings READ MORE >

- California Statewide Communities Dev Auth

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