Revenue bond

KBRA Assigns BBB-, Stable Outlook to Westchester County Health Care Corporation, NY Revenue Bonds

Retrieved on: 
Thursday, October 26, 2023
Banking, Professional Services, Finance, KBRA, Westchester County, New York, Children's right to adequate nutrition in New Zealand, Revenue bond, Corporation, Bank, Commercial property, Pharmaceutical industry

KBRA assigns a long-term rating of BBB- with a Stable outlook to Revenue Bonds, Series 2023 (Westchester Medical Center Obligated Group Project) issued by the Westchester County Local Development Corporation, NY on behalf of Westchester County Health Care Corporation ("the Corporation").

Key Points: 
  • KBRA assigns a long-term rating of BBB- with a Stable outlook to Revenue Bonds, Series 2023 (Westchester Medical Center Obligated Group Project) issued by the Westchester County Local Development Corporation, NY on behalf of Westchester County Health Care Corporation ("the Corporation").
  • The rating was assigned because of the following key credit considerations:
    Expansive size and scope of operations, which facilitates volume growth and net patient revenue generation.
  • Manageable future capital needs beyond the current project, none of which are expected to be debt financed.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

$1.1 Billion Tax-Exempt Bonds for Strategic Biofuels Project Approved by the Louisiana Community Development Authority

Retrieved on: 
Thursday, September 8, 2022
Chemicals, Plastics, Coal, Environmental, Social and Governance (ESG), Alternative Energy, Energy, Manufacturing, Sustainability, Nuclear, Professional Services, Other Natural Resources, Environment, Mining, Minerals, Forest Products, Agriculture, Natural Resources, Carbon, Carbon credit, La Porte, British Columbia, CEO, Forest, PTC, RIN, Pennsylvania Film Production Tax Credit, Executive Committee, Federal, Sale, Port, LGF, S-1 Executive Committee, Secretary of State of Louisiana, Department, Economics, Department of Homeland Security Port Security Grant, State, LCFS, Revenue bond, United States Secretary of Homeland Security, CO2, Company, CCS, News, FEMA, Economic development, Act, Wells, BTC, Marketing, Security (finance), Renewable energy

The utilization of waste materials to produce fuels enables the LGF project to utilize these tax-exempt municipal bonds.

Key Points: 
  • The utilization of waste materials to produce fuels enables the LGF project to utilize these tax-exempt municipal bonds.
  • This latest bond cap approval substantially enhances the project financing structure by providing low interest rate project debt, said Dr. Paul Schubert, CEO of Strategic Biofuels.
  • We greatly appreciate the confidence in the project tangibly expressed by the LCDA in their unanimous approval of this increase.
  • Louisiana Green Fuels is the first of a series of projects by Strategic Biofuels LLC in Caldwell Parish, Louisiana.

Edgemere Dallas, Lifespace Communities Announce Forbearance Agreement, Ongoing Discussions to Strengthen Financial Position

Retrieved on: 
Friday, December 31, 2021
Edgemere, WEST, FTI Consulting, Retirement, UMB Financial Corporation, Revenue bond, Sidley Austin, Health insurance, Management, Mahindra Lifespaces

The forbearance is intended to provide the time necessary to proceed with ongoing, active discussions towards a consensual agreement among the parties designed to strengthen the community's financial position for the long term and achieve a more sustainable future.

Key Points: 
  • The forbearance is intended to provide the time necessary to proceed with ongoing, active discussions towards a consensual agreement among the parties designed to strengthen the community's financial position for the long term and achieve a more sustainable future.
  • Pursuant to the Forbearance Agreement, the Indenture Trustee and the Lessor have agreed to forbear from exercising any rights or remedies during the forbearance period.
  • "We are confident that our active and productive discussions with our stakeholders will enable us to strengthen the community's financial position and build toward a more sustainable future for Edgemere," said Jesse Jantzen, president and chief executive officer of Lifespace.
  • Edgemere opened its doors in 2001, and immediately set a new standard for luxury senior living retirement communities in North Texas.

KBRA Assigns AA- Rating to the Salt Lake City, Utah (Salt Lake City International Airport) Airport Revenue Bonds, Series 2021A and B; the Outlook is Stable

Retrieved on: 
Friday, July 2, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Credit rating, Nationally recognized statistical rating organization, Credit rating agency, Bond credit rating, Kroll, KBRA, Bond, Revenue bond

Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a Stable Outlook to the Salt Lake City, Utah (Salt Lake City International Airport) Airport Revenue Bonds, Series 2021A (AMT) and Series 2021B (Non-AMT).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a Stable Outlook to the Salt Lake City, Utah (Salt Lake City International Airport) Airport Revenue Bonds, Series 2021A (AMT) and Series 2021B (Non-AMT).
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns AA Rating with a Negative Outlook to the MTA Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002G-1f and Transportation Revenue Variable Rate Bonds, Subseries 2005D-1

Retrieved on: 
Wednesday, June 16, 2021
Professional services, Finance, Finance, Money, Economy, Credit rating, Credit rating agency, Nationally recognized statistical rating organization, Bond, Kroll, Revenue bond

Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Negative Outlook to the Metropolitan Transportation Authority (MTA) Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002G-1f (Secured Overnight Financing Rate Tender Notes) and Transportation Revenue Variable Rate Bonds, Subseries 2005D-1 (Secured Overnight Financing Rate Tender Notes).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Negative Outlook to the Metropolitan Transportation Authority (MTA) Transportation Revenue Variable Rate Refunding Bonds, Subseries 2002G-1f (Secured Overnight Financing Rate Tender Notes) and Transportation Revenue Variable Rate Bonds, Subseries 2005D-1 (Secured Overnight Financing Rate Tender Notes).
  • Concurrently, KBRA affirms the long-term rating of AA with a Negative Outlook on the MTAs outstanding Transportation Revenue Bonds.
  • KBRA also affirms the short-term rating of K1+ on the MTAs outstanding Transportation Revenue Bond Anticipation Notes.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

KBRA Assigns AA Rating with Stable Outlook to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds, 2021 Series B

Retrieved on: 
Wednesday, June 2, 2021
Banking, Professional services, Finance, Finance, Money, Economy, Credit risk, Nationally recognized statistical rating organization, Credit rating agency, Bond credit rating, KBRA, Kroll, Revenue bond, Bond

Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Stable Outlook to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds, 2021 Series B.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Stable Outlook to the Department of Water and Power of the City of Los Angeles Power System Revenue Bonds, 2021 Series B.
    KBRA continues to monitor the direct and indirect impacts of the COVID-19 virus.
  • Electricity rates are extremely competitive and affordable relative to other California utilities, allowing for flexibility to impose rate increases as necessary.
  • The Rate structure incorporates several pass-through adjustments that effectively decouple revenue generation from changes in customer demand.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

America First Multifamily Investors, L.P. Schedules First Quarter 2021 Earnings Conference Call for Wednesday, May 5, 2021 at 5:00 p.m. Eastern Time

Retrieved on: 
Wednesday, April 21, 2021
Loans, Revenue bond, Finance, United States housing bubble, Bond, Mortgage industry of the United States, Mortgage loan, Income tax in the United States, Income tax, Money, Mortgage-backed security, Personal finance

To ensure a timely connection, please place your call at least 15 minutes prior to the start of the earnings call.

Key Points: 
  • To ensure a timely connection, please place your call at least 15 minutes prior to the start of the earnings call.
  • The Partnership is pursuing a business strategy of acquiring additional mortgage revenue bonds and other investments on a leveraged basis.
  • The Partnership expects and believes the interest earned on these mortgage revenue bonds is excludable from gross income for federal income tax purposes.
  • The Partnership disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.\n'

KBRA Assigns AA- Rating with Stable Outlook to Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A of 2021

Retrieved on: 
Tuesday, March 23, 2021
Banking, Professional services, Finance, Finance, Money, Roads in the United States, Credit rating, Credit rating agency, Nationally recognized statistical rating organization, Bond credit rating, KBRA, Bond, Revenue bond, Pennsylvania Turnpike, Kroll

Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a Stable Outlook to the Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A of 2021.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a Stable Outlook to the Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A of 2021.
  • KBRA additionally affirms the long-term of AA- with a Stable Outlook for the Commissions outstanding Turnpike Revenue Bonds.
  • Lastly, KBRA affirms the long-term rating of A+ with a Negative Outlook for the Commissions outstanding Turnpike Subordinate Revenue Bonds.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

KBRA Releases Report Assigning AA Rating with a Negative Outlook to the MTA Transportation Revenue Refunding Bonds, Subseries 2002D-2 (Secured Overnight Financing Rate Tender Notes)

Retrieved on: 
Thursday, March 18, 2021
Banking, Professional services, Insurance, Finance, Finance, Money, Economy, Credit rating, Nationally recognized statistical rating organization, Credit rating agency, Bond credit rating, Kroll, Bond, Revenue bond, KBRA

On March 17, 2021, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Negative Outlook to the Metropolitan Transportation Authority (MTA)s Transportation Revenue Refunding Bonds, Subseries 2002D-2 (Secured Overnight Financing Rate Tender Notes) consisting of Subseries 2002D-2a-1, 2002D-2a-2, and 2002D-2b.

Key Points: 
  • On March 17, 2021, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Negative Outlook to the Metropolitan Transportation Authority (MTA)s Transportation Revenue Refunding Bonds, Subseries 2002D-2 (Secured Overnight Financing Rate Tender Notes) consisting of Subseries 2002D-2a-1, 2002D-2a-2, and 2002D-2b.
  • Concurrently, KBRA affirmed the long-term rating of AA with a Negative Outlook on the MTAs outstanding Transportation Revenue Bonds.
  • KBRA also affirmed the short-term rating of K1+ on the MTAs outstanding Transportation Revenue Bond Anticipation Notes.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.

KBRA Releases Report Assigning AA Rating with a Stable Outlook to Triborough Bridge and Tunnel Authority General Revenue Bonds, Series 2021A

Retrieved on: 
Thursday, March 18, 2021
Banking, Professional services, Insurance, Finance, Finance, Money, Bridges in New York City, Credit rating, Credit risk, Nationally recognized statistical rating organization, Credit rating agency, Bond credit rating, MTA Bridges and Tunnels, Bond, Kroll, Revenue bond

On March 17, 2021, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2021A.

Key Points: 
  • On March 17, 2021, Kroll Bond Rating Agency (KBRA) assigned a long-term rating of AA with a Stable Outlook to the Triborough Bridge and Tunnel Authority (TBTA) General Revenue Bonds, Series 2021A.
  • Concurrently, KBRA affirms the long-term rating of AA on the TBTAs outstanding General Revenue Bonds and the long-term rating of AA- on the Subordinate General Revenue Bonds.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority.