- Published: May 2012
- Region: United States
Summary: California Special District Assn. Finance Corp. Sacramento Metropolitan Air Qualty Management District; Appropriations Feb 12
- Published: February 2012
- Region: California
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to California Special District Assn. Finance Corp. (CSDA)'s series 2012 certificates of participation (COP), supported by Sacramento Metropolitan Air Quality Management District. At the same time, Standard & Poor's affirmed its 'A+' underlying rating on CSDA's previously issued COPs supported by the district. The outlook on all ratings is stable. The ratings reflect our view of the district's: Underlying general creditworthiness of the district; and Covenant to budget and appropriate lease payments, without being subject to abatement in the event of damage to the leased facilities. The district's general credit strengths include our opinion of its: Large and diverse economic base that includes the stabilizing influence of the government sector...
Companies mentioned in this report are: Sacramento Metro Air Qlty Mgmt Dist,California Spl Dist Assn Fin Corp
Action: New Rating
Action: Outlook: Stable
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Sacramento Metro Air Qlty Mgmt Dist,California Spl Dist Assn Fin Corp