Rural Development and Poverty Eradication in India
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Summary: Village of Schaumburg, Illinois; General Obligation Jun 12
Summary: Village of Schaumburg, Illinois; General Obligation Jun 12
- Published: June 2012
- Standard & Poors
FEATURED COMPANIES
- Village of Schaumburg
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Abstract
Standard & Poor's Ratings Services assigned its 'AA+' long-term rating to the Village of Schaumburg, Ill.'s series 2012A general obligation (GO) refunding bonds. At the same time, Standard & Poor's affirmed its 'AA+/A-1+' rating on the village's GO variable-rate demand bonds series 1998A and 1998B, due to the extension of the bank facility to Dec. 1, 2013. The long-term component of the rating is based on the rating on the obligor, Schaumburg Village. The short-term component of the rating is based on the rating on the Northern Trust Corp. The outlook on all ratings is stable. The 'AA+' long-term rating reflects our view of the village's: Participation in the deep and diverse Chicago metropolitan statistical area economy and Schaumburg's role...
Companies mentioned in this report are:
- Village of Schaumburg
Action: Affirmed
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
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- Village of Schaumburg
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |
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