TITLE

Illinois County Water Agency Picks Insurance Over Raters for $125 Million Sale

AUTHOR(S)
Shields, Yvette
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/28/2003, Vol. 345 Issue 31686, p40
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that DuPage Cputny, Illinois's Water Commission will waive the rating process and include triple-A insurance on $125 million revenue refunding sale. Reason for such decision taken by commission; Maturity date of bonds; Advantages of insurance coverage for the deal.
ACCESSION #
10406692

 

Related Articles

  • Changes afoot in coverage for muni bonds. Greenwald, Judy // Business Insurance;01/31/2000, Vol. 34 Issue 5, p1 

    Reports on the increase in the rates of long-term municipal bonds in the United States market. Reasons behind the insurers' willingness to raise rates; Drop of the refunding activity level; Forecasts for the municipal bond market in 2000; Strategies employed by the long-term municipal bond...

  • Kroll Agency Is Ready to Start Rating Bond Insurers. CHIN, TONYA // Bond Buyer;6/20/2013, Vol. 384 Issue 33932, p3 

    The article focuses on the document of financial guaranty rating methodology issued by the Kroll Bond Rating Agency Inc. that shows the municipal bond insurance industry will continue to play a major role in the U.S. municipal bond market.

  • Kroll Assigns a AA-Plus Rating to AGM. Chin, Tonya // Bondbuyer.com;11/13/2014, p37 

    The article reports that insurance company Assured Guaranty Municipal Corp. has received AA-plus credit rating with stable outlook from Kroll Bond Rating Agency. It states that the company has the ability to fulfill all insurance claims in full and on time. Also mentioned are the strong...

  • Munis Waiting for the Other Shoe to Drop. McGEE, PATRICK // Bond Buyer;8/9/2011, Vol. 377 Issue 33562, p1 

    The article reports on speculation on the impact on the loss of the U.S.' AAA rating from Standard & Poor's Corp. for municipal bonds. Janney Capital Markets municipal bond team has noted that tax-exempts have performed and continued to strengthen but only 3.2 billion U.S. dollar supply, the...

  • Standard & Poor's puts Connie Lee on CreditWatch. Richtmayer, Richard; Kruger, Daniel // Bond Buyer;10/03/97, Vol. 322 Issue 30244, p1 

    Discloses that Standard & Poor Corp. has placed all Connie Lee Insurance Corp.-insured bonds on CreditWatch with negative implications. Connie Lee's purchase of the US Department of Treasury's 14 percent stake in the company; Buy-side reaction to Standard & Poor's action; Cited reasons for the...

  • Standard & Poor's revises methodology for structured deals. Sherman, Lynn // Bond Buyer;02/15/2000, Vol. 331 Issue 30829, p29 

    Reports on Standard & Poor's Corp.'s introduction of revised methodology for calculating capital charges for structured municipal bond transactions backed by insurance. Benefits for municipal bond insurers; Percentage of housing and taxable structured deals comprising the insurers' overall...

  • Municipal Credit Risk and the Value of Bond Insurance. Schozer, Michael // Bond Buyer;5/12/2008, Vol. 364 Issue 32876, p37 

    The author reflects on the implication of the municipal bond ratings risk and the value of bond insurance in the U.S. He notes that new dislocations in the global credit markets have led investors to revisit types of risk that may have been insignificant less than a year ago. He says that the...

  • Full Recovery Is Uncertain, But Small Improvements LIkely. Sinnock, Bonnie // National Mortgage News;1/5/2009, Vol. 33 Issue 14, p5 

    The article reports on the temporary improvements driven by government policy. It notes that the American Land Title Association continues to show accelerating losses, but the Washington based trade group said it feels the industry remains in a strong financial position. However, Dominion Bond...

  • Most Yield Indexes Finish Down in a Week of Choppy, Range-Bound Trading. Johnson, Matthew // Bond Buyer;12/9/2005, Vol. 354 Issue 32275, p6 

    The article reports on the downward trading yield in the municipal bond market in the United States. The indexes show an instable and range-bound trading details. The announcement by the U.S. Labor Department regarding the rise of November non-farm payrolls to 215,000 jobs ahead of the consensus...

  • Bond Insurance Penetration Climbs to 5.8% in Q1. Weitzman, Aaron // Bondbuyer.com;4/6/2015, p1 

    The municipal bond insurance industry showed continued growth in the first quarter of 2015, as insured penetration rose to 5.8%, a sizeable uptick from the 4.3% of long-term bond deals wrapped by insurance in the first quarter a year ago.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics