|Bid||0.00 x 1000|
|Ask||0.00 x 1200|
|Day's Range||18.71 - 18.90|
|52 Week Range||14.82 - 24.00|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-11.67|
|Expense Ratio (net)||0.00%|
Announcement: Moody's Fully Supported Municipal& IRB Deals. Global Credit Research- 10 Jan 2019. New York, January 10, 2019-- ASSIGNMENTS:.
Moody's Investors Service has assigned a rating of Aa2 to the proposed approximately $73.4 million of New York State Housing Finance Agency (the "Agency" or "NYS HFA") Affordable Housing Revenue Bonds (AHRB), 2019 Series A Refunding Bonds (Variable Rate) (Federally Taxable), and Affordable Housing Revenue Bonds, 2019 Series B Refunding Bonds (Variable Rate) (Federally Taxable) (the "2019 Series A and B Bonds"). Moody's has also assigned a VMIG 1 rating and a bank bond rating of Aa3 to each of the 2019 Series A and 2019 Series B Bonds.
Moody's Investors Service has assigned a Aa2 rating to the Los Angeles Department of Water and Power, CA Electric Enterprise (Power System) (LADWP) sale of $345,845,000 Power System Revenue Bonds, 2019 Series A for the financing of capital improvements. The 2019 Series A bonds will rank on parity with LADWP's $8.66 billion of outstanding revenue bonds rated Aa2.
Moody's Investors Service has affirmed the Ba1 and Ba2 ratings on the $412 million of revenue bonds of Howard University, DC. The secured Ba1 and unsecured Ba2 ratings reflect Howard's federal funding, District of Columbia location and real estate value, and market reputation as a large Historically Black College and University. The Ba1 series 2016 bank bond rating is one notch higher than the unsecured obligations because of the materially stronger legal security which includes a perfected mortgage interest in certain real estate of the university.
Rating Action: Moody's assigned Prime-1 rating to ABCP issued by Sunderland Receivables S.A and Sunderland Receivables LLC. Global Credit Research- 24 Dec 2018. New York, December 24, 2018-- Moody's Investors ...
Moody's Investors Service has assigned Aa2/VMIG 1 ratings to the City of New York's $150 million General Obligation Bonds, Fiscal 2019 Series D, Subseries D-4, scheduled to price December 17. The long-term rating reflects the city's large and resilient economy, its extraordinarily large tax base, its institutionalized budgetary and financial management controls, growing reserves, its proactive responses to budget strain during economic downturns, the key but diminishing role of the volatile financial services sector, and moderate but growing costs for the combination of debt service, pension, and employee and retiree healthcare.
Moody's explained that the rating action taken today is the result of rating actions on ratings of Citigroup Inc. and certain other subsidiaries, which were placed on review for upgrade on 29 November 2018. For further information on the review see the press release titled "Moody's reviews Citigroup (senior at Baa1) for upgrade" on www.moody.com. This transaction represents the repackaging of two fixed rate USD-denominated notes due 2025 issued by Citigroup Inc. (the "Underlying Asset") and a swap with Barclays Bank PLC (the "Swap Counterparty").
ASSIGNMENTS: Tender Option Bond Trust (Barclays Liquidity), Floater Certificates US$ 9.90M Ser. 2018-XX1100 due 2042 ...Aa3/VMIG 1 (Barclays Bank PLC/ Liquidity Facility) This publication does not announce ...
Moody's Investors Service has assigned a Aa3/VMIG 1 to the Tender Option Bond Trust (Barclays Liquidity), Floater Certificates, Series 2018-XX1100 (the Certificates). The long-term rating is based upon the rating of the underlying custodial receipts, Custodial Receipts (Barclays), Series 2018-XX1100, deposited into the trust. The short-term rating is based upon a combination of factors which includes the short-term Counterparty Risk (CR) Assessment of Barclays Bank PLC, P-1(cr), as liquidity facility provider, the rating of the custodial receipts deposited into the trust and Moody's assessment of the likelihood of an early termination of the liquidity facility.
ASSIGNMENTS: Custodial Receipts (Bank of America), Custodial Receipts US$ 30.00M 4.00% Ser. 2018-009A due 2048 ...Aa1 (Bank of America, N.A./ Letter of Credit - Standby) Custodial Receipts (Bank of America), ...
Moody's Investors Service has assigned ratings of Aaa(sf)/VMIG-1 to the Colorado Housing and Finance Authority ("CHFA" or the "Authority") Single Family Mortgage, Federally Taxable Class I Adjustable Rate Bonds, 2019 Series B-2 (sf). The VMIG-1 rating is based on the standby bond purchase agreement ("SBPA") provided by the Barclays Bank PLC ("Barclays" or the "Bank"). The VMIG 1 rating reflects the SBPA provided by the Bank and expires upon the earliest of to occur of (i) the mandatory tender date resulting from the expiration of the SBPA, (ii) conversion of the Bonds to a uncovered mode, or (iii) earlier termination of the SBPA.
Moody's Investors Service has assigned a Aa3 enhanced rating to Custodial Receipts (Barclays), Series 2018-XX1100 (the Receipts) evidencing beneficial ownership of the Brooklyn Arena Local Development Corporation PILOT Revenue Refunding Bonds, Series 2016A (Barclays Center) (the Bonds). The JDA rating is based on the long-term Counterparty Risk (CR) Assessment, A2 (cr), of Barclays Bank PLC (the Bank) as provider of the Letter of Credit (LOC), the underlying rating of the Bonds, and the structure and legal protections of the transaction which provide for timely payment of debt service to Custody Receipt holders.
At this time the addition and amendment, in and of themselves, will not result in any change to the credit quality of the programs' ABCP. Salisbury Receivables Company LLC (Salisbury), a multi-seller ABCP program sponsored and administered by Barclays Bank PLC (Barclays), has amended its program to full support and removed the program-wide credit enhancement.
As part of the restructuring Moody's notes that some terms of the transaction have been amended. Moody's considered these changes in its analysis and they are incorporated in the ratings assigned and affirmed today.
Moody's Investors Service has taken rating actions on the following classes of Notes issued by Canary Wharf II plc. At this level the ratings can withstand all four single let offices being vacant and non-income producing at their respective lease expiry dates, before being re-let at a stabilsed 85% occupancy level.
Moody's Investors Service has affirmed the VMIG 1 short-term, enhanced rating of the New York City Municipal Water Finance Authority's (the Authority) $200 million Water and Sewer System Second General Resolution Revenue Bonds, Fiscal 2010 Series CC (the Bonds) in connection with the issuance of the Amended and Restated Standby Bond Purchase Agreement (SBPA or Liquidity Facility) from Barclays Bank PLC (the Bank) to support the Bonds. The short-term enhanced rating is derived from (i) the credit quality of the Bank as provider of liquidity support for the Bonds, (ii) the long-term rating of the Bonds and (iii) Moody's assessment of the likelihood of an early termination or suspension of the SBPA without a final mandatory tender.
Moody's Investors Service ("Moody's") has assigned definitive ratings to Class B-1 and Class B-2 Notes issued by Newfoundland CLO I Limited ("Newfoundland", the "Issuer") ...
At this time the additions, in and of themselves, will not result in any change to the credit quality of the programs' ABCP. Crown Point Capital Company, LLC (Crown Point), a fully supported commercial paper program sponsored by The Liberty Hampshire Company, LLC (Liberty Hampshire) and administered by Guggenheim Treasury Services, LLC (Guggenheim Treasury), an indirect wholly owned subsidiary of Guggenheim Capital, has added a new swap facility to its portfolio.
Moody's Investors Service ("Moody's") has assigned definitive long-term credit ratings to the Notes issued by Finsbury Square 2018-2 plc: ....GBP 513.0M Class A Mortgage Backed Floating Rate ...
ASSIGNMENTS: Custodial Receipts (Barclays RIB), Custodial Receipts, RIB Floaters Trust US$ 4.75M 5.00% Ser. 2018-FR/RI-029A due 2033 ...Aa2 (Barclays Bank PLC/ Letter of Credit - Direct Pay) Custodial ...
Moody's Investors Service (Moody's) has assigned a Aa2/VMIG 1 rating to the RIB Floater Trust (Barclays Liquidity), Floating Rate Trust Receipts (FLOATER-TRs), Series 2018-FR/RI-029 (the Receipts). The long-term rating is based upon the rating of the underlying custody receipts, Custodial Receipts, RIB Floater Trust, Series 2018-FR/RI-029, deposited into the trust. Events that would cause the liquidity facility to terminate without a mandatory purchase of the Receipts are related to the credit quality and the tax status of the custody receipts deposited into the trust.
Moody's Investors Service has assigned a Aa2 enhanced rating to Custodial Receipts, RIB Floaters Trust, Series 2018-FR/RI-029A&B evidencing an undivided interest in Pennsylvania Turnpike Commission Turnpike Revenue Bonds, Series A-1 of 2015 and Series A-1 of 2016 (the Bonds). The JDA rating is based on the long-term rating, A2, of Barclays Bank PLC (the Bank) as provider of the Letter of Credit (LOC), the underlying rating of the Bonds, and the structure and legal protections of the transaction which provide for timely payment of debt service to Custody Receipt holders. Since a payment default on the Custody Receipts would occur only if both the Bank and the issuer of the Bonds default on bond principal and/or interest payment dates, Moody's has assigned the rating based upon the joint probability of default by both parties.
At the time of the last rating action, in September 2017, there was an input error in the weights of the exposure to the Export-Import Bank of the United States (EximBank) and the Export Credits Guarantee Department of the United Kingdom (ECGD) (both the guarantors). The notes have a pass-through structure.
Moody's explained that the rating action taken today is the result of a rating action on GE Capital European Funding, which was downgraded to Baa1 from A2 on 31 October 2018. This transaction represents the repackaging of GE Capital European Funding's Euro floating rate bonds maturing on 17 May 2021 (the "Underlying Asset").
Moody's Japan K.K. has today assigned a definitive long-term rating of Aaa to the first mortgage covered bonds (CB) to be issued by Sumitomo Mitsui Banking Corporation (SMBC; long term deposit rating A1 ...