Bangkok--29 Oct--Standard & Poor's
Standard & Poor's Ratings Services corrected and reinstated its rating on Washington State Housing Finance Commission's variable-rate demand multifamily housing revenue bonds (Lakewood Meadows Apartments) series 2000A and 2000B to 'AAA/A-1+'. The rating is based on credit enhancement and liquidity support through a Fannie Mae direct-pay credit facility. On Dec. 27, 2007, the rating on the bonds was withdrawn due to an administrative error.
Complete ratings information is available to RatingsDirect subscribers at www.ratingsdirect.com. All ratings affected by this rating action can be found on Standard & Poor's public Web site at www.standardandpoors.com; select your preferred country or region, then Ratings in the left navigation bar, followed by Find a Rating.
Media Contact:
Ana Sandoval, New York (1) 212-438-5095, [email protected]
Analyst Contacts:
Karen Fitzgerald, San Francisco (1) 415-371-5023
Lawrence Witte, San Francisco (1) 415-371-5037