New Face BluePoint Earns Aa3 With Stable Outlook From Moody's

Chang, Helen
November 2004
Bond Buyer;11/23/2004, Vol. 350 Issue 32016, p6
Trade Publication
Reports that Moody's Investors Service Inc. assigned a Aa3 rating with stable outlook to financial guaranty reinsurer BluePoint Re Ltd. in the United States. Amount of fund secured by BluePoint in business from one bond insurer to start its portfolio; BluePoint's underwriting of all lines covered by the major primary monolines; Benefit of Wachovia Corp.'s agreement not to take capital out of the company until October 2009 for BluePoint.


Related Articles

  • Moody's Plans to Rank Securities.  // American Banker;2/25/2008, Vol. 173 Issue 37, p18 

    The article reports on Moody's Investors Service, Inc.'s plan to provide rankings of the underlying credit quality of guaranteed securities, at no additional cost. The agency rates the bonds either at the insurer's level, or at their own credit worthiness if a public assessment is present....

  • Recently Lowered Florida School District Readies $38M Refunding. Sigo, Shelly // Bond Buyer;9/2/2003, Vol. 345 Issue 31710, p44 

    Reports on the plans of Alachua County, Florida School District to refund $37.5 million of general obligation bonds. Manager and financial advisor for the offering; Ratings for the issue by various rating agencies; Reasons behind the negative outlook of the district by rating agency Moody's...

  • Holy Cross Raised. Shields, Yvette // Bond Buyer;3/22/2006, Vol. 355 Issue 32344, p35 

    The article reports on Moody's Investors Service's revision of the outlook of Chicago, Illinois-based Holy Cross Hospitals B2 credit from negative to positive. 21 million dollars of outstanding debt issued in 1994 has been affected by the revised outlook.

  • Moody's Revises Wisconsin GO Credit to Stable From Negative. Shields, Yvette // Bond Buyer;3/30/2005, Vol. 351 Issue 32100, p33 

    Reports on the revision of the general obligation credit rating of Wisconsin to stable from negative by Moody's Investors Service Inc. Improvement of liquidity position in the current fiscal year; Increase in state revenue; Stability of the economy and financial condition.

  • Dallas Loses Moody's Aaa After Winning Record Bond Approval. Williamson, Richard // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. downgraded Dallas, Texas to Aa1 a month after voters approved a record $579 million bond program. The downgrade, which directly affects a $36 million sale of certificates of obligation sale on June 27, 2003, will also apply to future general...

  • Moody's Downgrades Minnesota. Shields, Yvette // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. downgraded Minnesota's rating to Aa1 with a stable outlook from Aaa and took the state off negative watch list. The downgrade impacts roughly $3 billion of outstanding general obligation (GO) bonds, $5.2 billion of school district bonds issued under...

  • Carlstadt, N.J., Cut to A2 by Moody's.  // Bond Buyer;9/18/2003, Vol. 345 Issue 31722, p2 

    Reports on the rating assigned to the bonds issued in Carlstadt, New Jersey by Moody's Investors Service Inc.

  • South Carolina to Refund $157 Million as Moody's Lowers Outlook. deSue, Tedra // Bond Buyer;9/15/2003, Vol. 345 Issue 31719, p34 

    Reports on the plans of South Carolina to sell $157 million of general obligation refunding bonds. Market response expected for the deal; Negative outlook for the state by credit rating agency Moody's Investor Service Inc.; Financial problems being faced by the state.

  • Ailing Pittsburgh Loses Its Last Investment-Grade Rating. D′Ambrosio, Gillian // Bond Buyer;11/20/2003, Vol. 346 Issue 31766, p32 

    Reports on the downgrade of the rating assigned to the general obligation bonds of Pittsburgh by Moody's Investors Service Inc. in Pennsylvania. Inclusion of the rating on the watch list of Moody's for possible further downgrade; Reason for the downgrade of the bond rating of the city;...


Read the Article


Sign out of this library

Other Topics