Rating Action Commentary
ֳ Withdraws Credit Enhanced Rating on Alaska Housing Finance Corp.'s Home Mtg Revs Ser 2009D
Wed 04 Sep, 2019 - 3:02 PM ET
ֳ - New York - 04 Sep 2019: ֳ has withdrawn the 'F1+' credit enhanced rating on the following bonds:
--Alaska Housing Finance Corp. (AK) home mortgage revenue bonds series 2009D.
The rating withdrawal is in connection with the substitution of the Bank of America, N.A. Standby Bond Purchase Agreement (SBPA) that previously supported the bonds. ֳ was not asked to provide a rating on the replacement SBPA.
Additional information is available on
PARTICIPATION STATUS
The rated entity (and/or its agents) or, in the case of structured finance, one or more of the transaction parties participated in the rating process except that the following issuer(s), if any, did not participate in the rating process, or provide additional information, beyond the issuer’s available public disclosure.