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Summary: Elmhurst, Illinois; Letter of Credit Jan 13 Product Image

Summary: Elmhurst, Illinois; Letter of Credit Jan 13

  • Published: January 2013
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services confirmed its 'A+/A-1' rating on Elmhurst, Ill.'s adjusted demand revenue bonds series 1988, due to the bank facility being extended to Jan. 29, 2016 The long-term and short-term components of the rating are based on the rating on the letter of credit provider, JPMorgan Chase Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009...

Companies mentioned in this report are:
- Elmhurst

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.

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