
Image Source:
bank of america farmington nm
NEW YORK--(BUSINESS WIRE)--In affiliation with the decline of Coffer of America N.A.'s abiding chief debt appraisement to 'AA-' from 'AA', Fitch downgrades the afterward bonds backed by Coffer of America N.A. belletrist of acclaim (see account below, which continues in a additional release). Most of the downgrades are from 'AA' to 'AA-' absorption the acclaim barter of Coffer of America, but assertive bonds are downgraded to 'AA ' from 'AAA' or to 'AA' from 'AA ', because the collective anticipation of the abortion of both a rated borough obligor and a coffer LOC provider. The two-party pay alignment after-effects in a appraisement that is up to two notches college than the stronger of the two credits if the afterward altitude are met: (1) both entities accept a appraisement of 'A' or higher; (2) the transaction is structured such that payments from both the borough issuer and the coffer are in the breeze of funds and both entities would accept to abort to accomplish afore the bonds defaulted; and (3) the acclaim of the coffer and the rated obligor accept no added than a average amount of correlation. Area the alternation is advised low, the bonds are rated two notches college than the stronger of the two entities, and area the alternation is advised medium, the bonds are rated one cleft college than the stronger of the two entities.
["388"]Image Source:
Fitch downgrades the afterward to 'AA ' (LOCs: Coffer of America N.A. (USA), unless contrarily noted):
--Allen County (OH) (Catholic Healthcare Partners) adj-rate hosp facils rev bonds ser 2008A --California Bloom Facilities Financing Authority (CA) (Stanford Hospital and Clinics) hosp rev bonds ser 2008A-2
--Connecticut Bloom & Educational Facilities Authority (CT) (Greenwich Hospital Issue) hosp rev bonds ser 2008C
--Jacksonville (FL) basic proj rev bonds ser 2008A
--Maryland Bloom & College Educational Facilities Authority (MD) (University of Maryland Medical System Issue) rev bonds ser 2008B
--Mississippi Development Coffer (MS) (MSLoan Prog-Mississippi Department of Corrections-Walnut Grove Correctional Ability Refunding Proj) GO appropriate oblig bonds ser 2008A
--Mississippi Development Coffer (MS) (MSLoan Program-Mississippi Department of Corrections East Mississippi Correctional Facility) GO appropriate oblig bonds ser 2008B --Missouri Bloom & Educational Facilities Authority (MO) (SSM Bloom Care) auction-rate rev bonds ser 2005A-1 ((insured: Financial Guaranty Insurance Company)
--Missouri Bloom & Educational Facilities Authority (MO) (SSM Bloom Care) var-rate appeal bloom facil rev bonds ser 2005C-2 (insured: Financial Guaranty Insurance Company)
--New Jersey Economic Development Authority (NJ) sch facils architecture bonds ser 2008X
--New Jersey Economic Development Authority (NJ) sch facils architecture rfdg bonds ser 2008 V-4
--Orlando-Orange County Expressway Authority (FL) var-rate rfdg rev bonds ser 2008B-1
--Riverside (CA) var-rate rfdg accept rev bonds ser 2008A
--Riverside (CA) var-rate rfdg accept rev bonds ser 2008B
--Riverside (CA) var-rate rfdg accept rev bonds ser 2008C --Silicon Valley Power (Santa Clara) (CA) var-rate sub accept rev bonds ser 2008A --University of Massachusetts Building Authority (MA) sr rfdg rev bonds ser 2008-3
Fitch downgrades the afterward to 'AA':
--Sacramento County Sanitation Districts Financing Authority (CA) (Sacramento Regional County Sanitation District) sub affirmation var-rate rev bonds ser 2008A --Sacramento County Sanitation Districts Financing Authority (CA) (Sacramento Regional County Sanitation District) sub affirmation var-rate rev bonds ser 2008B
--Sacramento County Sanitation Districts Financing Authority (CA) (Sacramento Regional County Sanitation District) sub affirmation var-rate rev bonds ser 2008C
--Sacramento County Sanitation Districts Financing Authority (CA) (Sacramento Regional County Sanitation District) sub affirmation var-rate rev bonds ser 2008D
Fitch downgrades the afterward to 'AA-':
--ABAG Finance Authority for Nonprofit Corps. (CA) (Valley Christian Schools) var-rate appeal rfdg & rev bonds ser 2003
--Albany County Airport Authority (NY) airport rev bonds ser 2008A
--Albuquerque (NM) (CVI Laser Corp.) automated rev bonds ser 1998
--Arkansas Development Finance Authority (AR) (Stratton Seed Co. Project) automated devel rev bonds ser 1999 --Auburn Automated Development Board (AL) (Donaldson Co., Inc. Project) automated devel rev bonds ser 1999
--Bibb County Development Authority (GA) (Goodwill Industries of Middle Georgia, Inc. Project) var-rate appeal rev bonds ser 2003
--Boone County (AR) (North Arkansas Regional Medical Center) var-rate hosp rev architecture bonds ser 2006
--Bremerton (WA) (Kitsap Regional Conference Center Parking Garage) account amount appeal rev bonds ser 2003
--Brevard County Educational Facilities Authority (FL) var-rate appeal rev bonds ser B
--Bristol Bloom & Educational Facilities Authority (TN) (King College Project) rev bonds ser 2001
--Broward County (FL) (Learjet Inc. Project) airport absolved ability rev bonds ser 2000
--Brunswick & Glynn Counties (GA) (Coastal Sleeve Label, Inc. Project) automated devel rev bonds ser 1998
--Calhoun County Navigation District (TX) (Formosa Plastics Corp., Texas Project) anchorage rev bonds ser 2000
--California Department of Water Resources (CA) var-rate appeal pwr accumulation rev bonds ser 2005F-4
--California Pollution Control Financing Authority (CA) (Contra Costa Decay Service, Inc. Project) var-rate appeal solid decay auctioning rev bonds ser 1995A
--California Pollution Control Financing Authority (CA) (Escondido Disposal, Inc./JEMCO Equipment Corp. Project) var-rate appeal solid decay auctioning rev bonds ser 1998A
["388"]Image Source:
--California Pollution Control Financing Authority (CA) (Garaventa Enterprises, Inc. Project) var-rate appeal solid decay auctioning rev bonds ser 2000A
--California Pollution Control Financing Authority (CA) (Garaventa Enterprises, Inc. Project) var-rate appeal solid decay auctioning rev bonds ser 2006A
--California Pollution Control Financing Authority (CA) (Garaventa Enterprises, Inc. Project) var-rate appeal solid decay auctioning rev bonds ser 2008A
--California Pollution Control Financing Authority (CA) (Madera Auctioning Systems, Inc. Project) var-rate appeal solid decay auctioning rev bonds ser 1998A
--California Pollution Control Financing Authority (CA) (SANCO Services, L.P. Project) var-rate appeal solid decay auctioning rev bonds ser 2002A
--California Pollution Control Financing Authority (CA) (West County Resource Recovery, Inc.) solid decay rfdg rev bonds ser 1999A
--California Statewide Communities Development Authority (CA) (Arthurmade Plastics, Inc. Project) automated devel rev bonds ser 2000
--California Statewide Communities Development Authority (CA) (Evapco, Inc. Project) account adj/fixed-rate automated devel rev bonds ser 1996K
--California Statewide Communities Development Authority (CA) (Integrated Rolling Co. Project) var-rate appeal automated devel rev bonds ser 1999A
--California Statewide Communities Development Authority (CA) (JTF Enterprises, L.L.C. Project) account adj/fixed-rate action area facil rev bonds ser 1996A
--California Statewide Communities Development Authority (CA) (One Park Place) multifamily hsg rev bonds ser 1999PP
--California, State of (CA) GO bonds ser 2003C (LOC: Coffer of America, N.A., Coffer of Nova Scotia, Landesbank Hessen-Thueringen Girozentrale (Guaranteed Obligations))
--California, State of (CA) GO bonds ser 2003C (LOC: Coffer of America, N.A., Coffer of Nova Scotia, Landesbank Hessen-Thueringen Girozentrale (Guaranteed Obligations))
--California, State of (CA) GO bonds ser 2003C (LOC: Coffer of America, N.A., Coffer of Nova Scotia, Landesbank Hessen-Thueringen Girozentrale (Guaranteed Obligations))
--California, State of (CA) GO bonds ser 2003C (LOC: Coffer of America, N.A., Coffer of Nova Scotia, Landesbank Hessen-Thueringen Girozentrale (Guaranteed Obligations))
--CareNet Bloom Systems & Services, Inc. (MD) var-rate appeal rev addendum (taxable) ser 1999
--Carroll County Water Authority (GA) (City of Temple Project) adj approach wtr & sewerage rev bonds ser 2003
--Chattanooga Health, Educational, & Housing Ability Board (TN) (Southern Adventist University Project) var-rate rev bonds ser 2003
--Chesapeake Automated Development Authority (VA) (Tarmac Mid-Atlantic, Inc. Proj.) automated devel rev rfdg bonds ser 1998
--Clay County Utility Authority (FL) utils sys var-rate rev bonds ser 2003A
--Collier County Automated Development Authority (FL) (Community School of Naples, Inc. Project) educ facil rev bonds ser 2002
--Collier County Automated Development Authority (FL) (Redlands Christian Migrant Association, Inc. Project) var-rate appeal rev bonds ser 2001
--Dalton Development Authority (GA) (Hamilton Bloom Affliction System) var-rate appeal rev ctfs ser 2003B
--Davie (FL) (The United Jewish Community of Broward County, Inc. Project) var-rate appeal rev bonds ser 2003
--DeKalb County (IN) (New Process Steel, L.P. Project) econ devel rev bonds ser 2000
--DeKalb County Development Authority (GA) (Marcus Institute Project) var-rate rev bonds ser 2000
--District of Columbia (DC) (Fourteenth & Irving Ventures, L.L.C. Issue) Enterprize Area var-rate rev bonds ser 2000
--District of Columbia (DC) (Medlantic/Helix) multi-modal rev bonds ser 1998A-Tranche II
--District of Columbia (DC) (Medlantic/Helix) multi-modal rev bonds ser 1998A-Tranche III
--District of Columbia (DC) ballpark rev bonds (auction-rate securities) ser 2006B-2 (insured: Financial Guaranty Insurance Company)
--District of Columbia (DC) var-rate appeal mutimodal GO rfdg bonds ser 2008B
--Dona Ana County (NM) (Southwest Steel Coil, Inc. Project) var-rate appeal automated rev bonds ser 1999
--DuPage County (IL) (Morton Arboretum Project) var-rate appeal rev bonds ser 2003
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Anderson College Project) educ facils rfdg & ad-lib rev bonds (taxable) ser 2004B
["631.47"]Image Source:
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Anderson College Project) educ facils rfdg & ad-lib rev bonds ser 2004A
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Charleston Southern University) educ facil rev bonds ser 2003
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Clafin University) var-rate educ facils rev bonds ser 2003
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Columbia College Project) var-rate appeal educ facils rev bonds ser 2001
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Converse College Proj.) educ facil rev bonds ser 2000
--Educational Facilities Authority for Private Nonprofit Institutions of College Learning (SC) (Voorhees College Project) var-rate appeal educ facils rev bonds ser 2001
--Emporia Automated Development Authority (VA) (Toll VA III, L.P. Project) automated devel rev bonds ser 1999
--Everett (WA) GO ltd tax var-rate appeal bonds ser 2001
--Farmington (NM) (Independent Mobility System, Inc.) var-rate appeal automated rev bonds ser 1999B
--Fulton County Development Authority (GA) (Pace Academy, Inc. Project) var-rate appeal bonds ser 2003
--Fulton County Development Authority (GA) (Pace Academy, Inc.) var-rate appeal rev bonds ser 1998
--Fulton County Development Authority (GA) (Pace Academy, Inc.) var-rate appeal rev bonds ser 2008
--Fulton County Development Authority (GA) (St. George Village CCRC Project) var-rate rev bonds ser 2004
--Greenup Village (IL) (EVAPCO, Inc. Project) var-rate appeal automated devel rev bonds ser 2002
--Henrico County Automated Development Authority (VA) (Hermitage at Cedarfield) bloom affliction facils rev rfdg bonds ser 1998
--Hillsborough County (FL) (MOSI - Charter School Project) var-rate appeal automated devel rev bonds ser 2001
--Hillsborough County (FL) (MOSI - IBHS Project) var-rate appeal automated devel rev bonds ser 2001
--Hillsborough County Educational Facilities Authority (FL) (University of Tampa Project) rev bonds ser 2000
--Hillsborough County Automated Development Authority (FL) (Independent Day School Proj.) var-rate appeal rev bonds ser 2000
--Hillsborough County Automated Development Authority (FL) (Tampa Metropolitan Area YMCA Project) var-rate appeal rev bonds ser 2000
--Illinois Development Finance Authority (IL) (WTVP Channel 47 Project) var-rate appeal rev bonds ser 2001-A
--Illinois Development Finance Authority (IL) (WTVP Channel 47 Project) var-rate appeal rev bonds ser 2001-B
--Iowa Finance Authority (IA) (Community Y of Marshalltown Project) Wellness Ability rev bonds ser 2001
--Iredell County Automated Facilities & Pollution Control Financing Authority (NC) (B&B Fabricators, Inc. Project) automated devel rev bonds ser 1999
--Jacksonville Economic Development Commission (FL) (Episcopal High School of Jacksonville, Florida, Inc. Proj.) educ facil rev bonds ser 2002
--Jacksonville Economic Development Commission (FL) (YMCA of Florida First Coast Proj) var-rate appeal rev & rfdg bonds ser 2003
--Jacksonville Bloom Facilities Authority (FL) (Samuel C. Taylor Foundation Project) bloom affliction facil rev bonds ser 1998
--Jewish Federation of Greater Orlando, Inc. (The) (FL) var-rate appeal rev bonds ser 2003
--Joplin Automated Development Authority (MO) (Smith & Smith Investment L.C. Project) automated devel rev bonds ser 1999
--King County Housing Authority (WA) (Landmark Apartments Project) var-rate appeal hsg rev bonds ser 2002
--Kirkwood Automated Development Authority (MO) (Concordia Lutheran Church Community Recreational Facilities Project) var-rate appeal rev bonds ser 2001
--Lexington-Fayette Urban County Government (KY) (Richmond Place Associates, L.P. Project) residential facils rfdg rev bonds ser 1987
--Los Angeles (CA) var-rate wastewtr sys sub rev rfdg bonds ser 2008-F1
--Los Angeles (CA) var-rate wastewtr sys sub rev rfdg bonds ser 2008-F2
["407.4"]
Image Source:
--Los Angeles (CA) var-rate wastewtr sys sub rev rfdg bonds ser 2008-G
--Los Angeles (CA) var-rate wastewtr sys sub rev rfdg bonds ser 2008-H
--Manatee County (FL) (Saint Stephen's Upper School Project) var-rate appeal rev bonds ser 2000
--Maryland Economic Development Corp. (MD) (Maryland Soccer Foundation, Inc. Proj.) var-rate econ devel rev bonds ser 2000
--Maryland Bloom & College Educational Facilities Authority (MD) (Charlestown Community Issue) rev bonds ser 1998A
--Maryland Bloom & College Educational Facilities Authority (MD) (Charlestown Community Issue) rev bonds ser 1998B
--Miami-Dade County Educational Facilities Authority (FL) (Carlos Albizu University Proj.) rev bonds ser 2000
--Miami-Dade County Educational Facilities Authority (FL) (Florida Memorial College Project) var-rate appeal rev bonds ser 1998
--Miami-Dade County Educational Facilities Authority (FL) (Florida Memorial College Project) var-rate appeal rev bonds ser 2003
--Miami-Dade County Housing Finance Authority (FL) (Ward Towers Assisted Living Ability Project) multifamily hsg rev bonds ser 2002-8
--Miami-Dade County Automated Development Authority (FL) (Cushman School, Inc. Project) var-rate appeal rev bonds ser 2002
--Miami-Dade County Automated Development Authority (FL) (Gulliver Schools Project) rev bonds ser 2000
--Middle Coastal Unified Development Authority (GA) (YMCA of Coastal Georgia Project) var-rate appeal rev bonds ser 2005
--Midlothian Automated Development Corp. (TX) (Holnam Texas Ltd. Partnership Project) ecology facil rev bonds ser 1999
--Montgomery County (MD) (George Meany Center for Labor Studies - The National Labor College Facility) var-rate econ devel rev bonds ser 2004
Montgomery County (MD) (Rehabilitation Opportunities, Inc. Project) var-rate econ devel rev bonds ser 2001
--Montgomery County (MD) (The Institute for Genomic Research ,Inc. Facility) var-rate econ devel rev bonds ser 2002
--Nashville & Davidson County Metropolitan Government Bloom & Educational Facilities Board (TN) (Alive Hospice, Inc. Project) rev bonds ser 1999
--Nashville & Davidson County Metropolitan Government Bloom & Educational Facilities Board (TN) (Meharry Medical College Project) var-rate rev & rfdg bonds ser 1998
--Nashville & Davidson County Metropolitan Government Automated Development Board (TN) (Nashville Symphony Hall Project) var-rate rev bonds ser 2004
--Nashville & Davidson County Metropolitan Government Automated Development Board (TN) (YMCA Project) rev bonds ser 1998
--Nassau County (NY) multi-modal GO bonds ser 2007A
--Nassau County (NY) multi-modal GO bonds ser 2007B
--Nelson County Automated Development Authority (VA) (Taylor-Ramsey Corp. Project) automated devel rev bonds ser 1999
--Nevada Department of Business & Industry (NV) (Nevada Cancer Institute Proj) var-rate appeal rev bonds ser 2003
--New Jersey Economic Development Authority (NJ) (International Processing Corp. Project) var-rate appeal econ devel rev bonds ser 2003
New York City (NY) adj-rate GO bonds budgetary ser 2004A-2
--New York City Automated Development Agency (NY) (New York City - New York Stock Exchange Project) adj-rate appropriate rev bonds budgetary ser 2004B
--New York City Automated Development Agency (NY) (Planned Parenthood Federation of America, Inc. Project) borough facil var-rate appeal rev bonds ser 2002
--Norfolk (VA) var-rate pkg sys rev bonds ser 2000A
--North Carolina Agronomical Finance Authority (NC) (Southern Bales Gin and Cotton Company, LLC
Project) agronomical devel rev bonds ser 2001
--North Carolina Basic Facilities Finance Agency (NC) (Elon College) rev rfdg bonds ser 2001A
Fitch's appraisement definitions and the agreement of use of such ratings are accessible on the agency's accessible site, www.fitchratings.com. Published ratings, belief and methodologies are accessible from this site, at all times. Fitch's cipher of conduct, confidentiality, conflicts of interest, associate firewall, acquiescence and added accordant behavior and procedures are additionally accessible from the 'Code of Conduct' area of this site.
["203.7"]
Image Source:
["194"]
Image Source:
["203.7"]

Image Source:
["203.7"]

Image Source:
["503.43"]

Image Source:
["388"]
Image Source: