Cook County, Ill., Selling $300M Mix of Variable-Rate Debt

Carvlin, Elizabeth
August 2004
Bond Buyer;8/10/2004, Vol. 349 Issue 31944, p3
Trade Publication
Reports that Cook County, Illinois will sell $300 million of variable-rate debt on the municipal bond market on August 10, 2004. Uses of the proceeds of the bonds; Investment banks involved in the deal; County credit ratings given by Standard & Poor's Corp. and Moody's Investors Service Inc.


Related Articles

  • The Return of AAA Banks. O'Leary, Christopher // Investment Dealers' Digest;11/24/2003, Vol. 69 Issue 45, p14 

    Reports that the potential of a return to a top tier of AAA-rated banks is causing a clash of opinions in rating agency analysts that cover the banking industry. AAA-rating candidates; Requirements for banks to win Standard & Poor's top rating; Top banks that had AAA status in the 1980s.

  • S&P to Insist Muni Issuers Quantify Exposure to Variable-Rate Debt, Swaps. Hume, Lynn // Bond Buyer;2/7/2002, Vol. 339 Issue 31320, p26 

    Reports that rating agency Standard & Poor's Corp. has announced its plan to ask municipal bond issuers to quantify their exposure to variable-rate debt and interest rate swaps in a standardized manner in its effort to refine its credit rating process. Reason why it will be difficult for some...

  • Shelby School GOs Price. Sigo, Shelly // Bond Buyer;2/23/2006, Vol. 355 Issue 32325, p27 

    The article reports that the Shelby County Board of Education in Alabama has priced $50 million of warrants in light of the decision of two agencies to upgrade the board's general obligation rating. The upgrade reflects strong financial performance and economic growth in the state's wealthiest...

  • Analysts Concerned About Upgrades En Masse in Muni Ratings Scale Shift. Devitt, Caitlin // Bond Buyer;9/23/2008, Vol. 365 Issue 32967, p24 

    The article reports on the implementation of a unified global rating scale for municipal and corporate bonds in the U.S. Under the new global scale, rating agencies are expected to use the probability of default as a more important criteria than is currently taken into account. Economic analysts...

  • Correction.  // Bond Buyer;12/14/2007, Vol. 362 Issue 32774, p2 

    Two corrections to article that were previously published are presented including an incorrect statement of the breakdown of credit ratings by Fitch Ratings to a triple-A bonds and an article regarding the statement of Fitch Ratings Ltd. managing director David Litvack on his expectation of...

  • A question of credit. WIRTZ, RONALD A. // Fedgazette;Nov2008, Vol. 20 Issue 6, p9 

    The article focuses on municipal credit ratings in the face of a flux in the credit enhancement market. It is mentioned that the ratings of top bond insurers offering third party insurance and letters of credits were downgraded by rating agencies like Fitch Ratings, Moody and Standard & Poor....

  • A positive downgrade?  // Caribbean Business;5/31/2007, Vol. 35 Issue 21, p24 

    The author reflects on Standard and Poor's Corp.'s (S&P) credit rating of the Puerto Rico's general obligation bonds. According to the author, S&P downgraded the credit rating of the Commonwealth's general obligation bonds. The author shares the S&P reasons for downgrading the ratings of the bonds.

  • Puerto Rico Electric Power Authority Prepares $600M Deal. Kaske, Michelle // Bond Buyer;4/8/2008, Vol. 364 Issue 32852, p6 

    The article reports on the plan of the Puerto Rico Electric Power Authority (PREPA) to sell roughly $600 million new money deal in July or August 2008. Proceeds from the municipal bond sale would help finance capital projects that will upgrade the power system and increase capacity. According to...

  • Rep. Frank Unveils Universal Credit Rating Bill. Ackerman, Andrew // Bond Buyer;6/23/2008, Vol. 364 Issue 32905, p1 

    The article reports that House Financial Services Committee chairman Barney Frank has launched two universal credit rating bills that would require credit rating agencies to rate municipal and other securities solely on the likelihood of repayment in the Washington, D.C. The bills would ease...


Read the Article


Sign out of this library

Other Topics