Fitch Ratings Downgrades 966 Radian-Insured Issues (11 of 11).NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Following yesterday's rating downgrades of Radian ra·di·an n. Abbr. rad A unit of angular measure equal to the angle subtended at the center of a circle by an arc equal in length to the radius of the circle. Asset Assurance Inc. and subsidiaries, Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. has downgraded the insured ratings on the following 966 municipal bond issues to 'A+' from 'AA' and revised the Rating Watch to Evolving from Negative. For more information, see the Sept. 5 press release ('Fitch Downgrades Radian's L-T Debt to 'A-', IFS to 'AA-' on Recessed Merger') which is available on the Fitch Ratings web site at www.fitchratings.com. -- Allegheny County Higher Education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. Building Authority (PA) (Waynesburg College Project) college revenue bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Avon (MN) general obligation permanent improvement revolving fund revolving fund n. A fund established for a certain purpose, such as making loans, with the stipulation that repayments to the fund may be used anew for the same purpose. Noun 1. bonds, series 2007C (insured: Radian Asset Assurance Inc.); -- Avon (MN) general obligation trunk utility revenue bonds Utility revenue bond A municipal bond issued to finance the construction of public utility services. These bonds are repaid from the operating revenues the project produces after the utility is finished. , series 2007B (insured: Radian Asset Assurance Inc.); -- Bourbonnais (IL) (Illinois Industrial Project - Olivet Nazarene University This article is about the college in Illinois. For the college in Michigan, see Olivet College. Coordinates: History A product of lay initiative,[6] Project) revenue bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Bromley Park Metropolitan District No. 2 (CO) general obligation refunding bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Conservatory Metropolitan District (CO) general obligation refunding & improvement bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Crenshaw cren·shaw also cran·shaw n. A variety of winter melon (Cucumis melo var. inodorus) having a greenish-yellow rind and sweet, usually salmon-pink flesh. [Origin unknown.] County (AL) (County Jail Project) public bldg revenue warrants, series 2007 (insured: Radian Asset Assurance Inc.); -- Crenshaw County (AL) general obligation warrants, series 2007 (insured: Radian Asset Assurance Inc.); -- Douglas County Douglas County is the name of twelve counties in the United States:
-- Douglas County (CO) (Compark Business Campus Metropolitan District) general obligation taxable refunding & improvement bonds, series 2007B (insured: Radian Asset Assurance Inc.); -- Fort Bend Fort Bend was a blockhouse built in a large bend of the Brazos River in what is now Fort Bend County, Texas to provide protection against Indian raids. It was erected in November 1822 by several members of Stephen F. Austin's Old Three Hundred, including William W. County Levee levee (lĕv`ē) [Fr.,=raised], embankment built along a river to prevent flooding by high water. Levees are the oldest and the most extensively used method of flood control. Improvement District No. 15 (TX) general obligation unlimited tax road improvement bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Fort Bend County Municipal Utility District No. 123 (TX) unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Fort Bend County Municipal Utility District No.138 (TX) general obligation unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Franklin (IN) (Indiana Economic Development - Franklin United Methodist Home, Inc. Project) revenue refunding & improvement bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Gateway Services Community Development District (FL) (Second Assessment Area) phase one water management benefit tax refunding bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Greene County (AL) general obligation warrants, series 2007 (insured: Radian Asset Assurance Inc.) ; -- Harris County Municipal Utility District No. 382 (TX) general obligation unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Harris County Municipal Utility District No. 390 (TX) general obligation unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Harris County Municipal Utility District No. 396 (TX) general obligation unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Harris County Municipal Utility District No. 411 (TX) general obligation unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Hillside Berkeley Water Commission (IL) water revenue bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Italy (TX) combination tax & revenue refunding bonds, series 2007 (insured: Radian Asset Assurance Inc.) ; -- Maher Ranch Metropolitan District No. 4 (CO) general obligation ltd tax refunding bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Monroe (LA) (Economic Development Projects - Tower Drive Economic Development Area) sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. increment revenue & refunding bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Montgomery (AL) (Montgomery Airport Authority) airport revenue bonds airport revenue bond Tax-exempt debt issued by a city, county, state, or airport authority with debt service guaranteed either by general revenues generated by the airport or by lease payments for facilities used by a particular airline. , series 2007 (insured: Radian Asset Assurance Inc.); -- New Caney Municipal Utility District (TX) general obligation unlimited tax bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Panther Trace Community Development District (FL) special assessment revenue refunding bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Sierra Kings Health Care District (CA) (Election of 2006) general obligation bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Southlands Metropolitan District No. 1 (CO) general obligation refunding & improvement bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Tracy (MN) general obligation bonds, series 2007 (insured: Radian Asset Assurance Inc.); -- Woodland Redevelopment Agency (CA) (Woodland Redevelopment Project) tax allocation bonds (federally taxable) , series 2007B (insured: Radian Asset Assurance Inc.); -- Woodland Redevelopment Agency (CA) (Woodland Redevelopment Project) tax allocation bonds, series 2007A (insured: Radian Asset Assurance Inc.). ** Please note that this press release contains the most recent transactions insured by Radian and are thus not in alphabetical order in conjunction with the other press releases issued today. Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used. In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide. of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental are also available from the 'Code of Conduct' section of this site. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion