TITLE

S&P Puts ACA on CreditWatch, Warns of Two-Notch Drop to BB

AUTHOR(S)
Carpenter-Kasprzak, Sheri
PUB. DATE
January 2001
SOURCE
Bond Buyer;01/04/2001, Vol. 335 Issue 31050, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the rating of the bonds of ACA Financial Guaranty Corp. Failure of the bond insurer to raise additional capital; Long-term solidarity of the franchise; Additional capital needed for long-term basis.
ACCESSION #
3989609

 

Related Articles

  • Back From Brink, ACA Gets Good News Via Fitch. Smith, Aaron T. // Bond Buyer;05/18/2001, Vol. 336 Issue 31142, p3 

    Reports on Fitch IBCA Inc.'s affirmation of its A rating with a stable outlook for the bond insurer ACA Financial Guaranty Corp. ACA Financial's receipt of a $60 million capital infusion over a period of 12 months; Amount of the company's statutory capital.

  • Broome County, N.Y., IDAs $50 Million Deal Has ACA Backing. McDonald, Michael // Bond Buyer;8/11/2004, Vol. 349 Issue 31945, p44 

    Reports on the plan of the Industrial Development Agency to sell the civic facility revenue bonds in ACA Financial Guaranty Corp. in Broome County, New York. Move of Standard & Poor's Corp. to review the rating of the bond; Expectation for the agency to issue additional tax-exempt bonds;...

  • ACA bonds in jeopardy of downgrade. M.G. // Asset Securitization Report;1/29/2001, Vol. 1 Issue 4, p4 

    Reports on the bond rate reduction at the U.S.-based company, ACA Financial Guaranty Corp. Asset-backed financing; Capital levels at the company; Series of arrangements to secure funding.

  • Fitch Drops Ohio Valley Hospital to B-Plus. Newman, Emily // Bond Buyer;9/20/2004, Vol. 349 Issue 31972, p2 

    Reports that Fitch Ratings Inc. has downgraded to B-plus in health revenue bonds issued by Ohio County Commission in West Virginia. Application of the downgrade to the multi-million dollar health system refunding and improvement revenue bonds of Ohio County Commission; Withdrawal the rating due...

  • Market Muted Over ACA. Posner, Matthew // Bond Buyer;12/20/2007, Vol. 362 Issue 32778, p1 

    The article reports on the move of Standard & Poor's Corp. to downgrade its rating for bond insurer ACA Financial Guaranty (ACA) Corp. ACA would be downgraded to triple-C from single-A. It said that it could not withstand being rated below A-minus. Such a downgrade would result to wide-sweeping...

  • Standard & Poor's Slams ACA With CCC. Hanson, Matthew // Bond Buyer;12/20/2007, Vol. 362 Issue 32778, p1 

    The article reports on the move of Standard & Poor's Corp. (S&P) to downgrade its rating for bond insurer ACA Financial Guaranty (ACA) Corp. ACA was downgraded to CCC from A. S&P also dropped its ratings on more than 3,000 credits insured by ACA. Nearly 2,400 of these credits were dropped to...

  • S&P Restores ACA Outlook to Stable. Chang, Helen // Bond Buyer;10/1/2004, Vol. 350 Issue 31981, p40 

    Reports on the restoration of Standard & Poor's Corp. of the bond rating of ACA Financial Guaranty Corp. in the U.S. Amount of money received by the guarantor; Total statutory capital of the company.

  • Fitch, S&P Put ACA On Negative Watch. Walker, Susanne // Bond Buyer;5/6/2004, Vol. 348 Issue 31878, p1 

    Reports that Fitch Ratings and Standard & Poor's have placed ACA Financial Guaranty Corp.'s insurer financial strength rating on rating watch negative. Capital concerns and the company's lack of a much-anticipated initial public offering; Decision of Standard & Poor's to put ACA's financial...

  • ACA Says It Cannot Afford Downgrade Below A-Minus. Hanson, Matthew // Bond Buyer;11/20/2007, Vol. 362 Issue 32758, p1 

    The article reports that ACA Capital Holdings Inc. claims that it could not afford to pay the mounting costs if the Standard & Poor's Corp. doowngrades the company's credit rating below A-minus. On November 9, 2007, Standard & Poor's has credited an A rating for ACA Financial Guaranty Inc. on...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics