PPRF Rating Agency Reports


Public Project Revolving Fund (PPRF) Ratings

Standard & Poor’s:

PPRF Senior Lien: 2017A Report – 02/07/17 AAA Stable
PPRF Subordinate Lien: 2017B Report – 02/07/17 AA+ Stable
PPRF Senior & Subordinate Lien: 2016F Report – 10/25/16 AAA / AA+ Stable
PPRF Senior & Subordinate Lien: 2016E Report – 08/30/16 AAA / AA+ Stable
PPRF Senior & Subordinate Lien: 2016D Report – 06/14/16 AAA / AA+ Stable
PPRF Senior & Subordinate Lien: 2016C Report – 04/11/16 AAA / AA+ Stable
PPRF Senior & Subordinate Lien: 2016AB Report – 01/13/16 AAA / AA+ Stable
PPRF Senior & Subordinate Lien: 2015CD Report – 07/07/15 AAA / AA+ Stable
PPRF Senior Lien: 2015B Report – 05/11/15 AAA / Stable
PPRF Subordinate Lien: 2015A Report – 02/09/15 AA+ / Stable
PPRF Senior Lien: 2014B Report – 07/09/14 AAA / Stable
PPRF Subordinate Lien: 2014A Report – 05/09/14 AA+ / Stable
PPRF Senior Lien: 2013A Report – 05/08/13 AAA & AA (Sub) / Stable
PPRF Senior Lien: 2013B Report – 10/11/13 AAA / Stable
PPRF Subordinate Lien: 2013C Report – 10/11/13 AA+ / Stable Upgrade
PPRF Senior & Sub Lien: Report – 10/15/12 AAA & AA / Both Negative
CreditWatch PPRF: Report – 07/19/12 Affirm AAA Senior AA Sub Lien
PPRF Senior Lien: 2012A Report – 03/16/12 AAA / Stable
PPRF Senior Lien: 2011C Report – 10/25/11 AAA / Stable
PPRF Senior Lien: 2011B Report – 07/22/11 AAA / Stable
PPRF Senior Lien: 2011A Report – 04/14/11 AAA / Upgrade
PPRF Senior Lien: 2010B Report – 07/14/10 AA+ / Stable
PPRF Senior Lien: 2010A Report – 04/16/10 AA+ / Stable
PPRF Senior Lien: 2009E Report – 10/08/09 AA+ / Stable
PPRF Senior Lien: 2009D Report – 09/21/09 AA+ / Stable
PPRF Senior Lien: 2009B Report – 05/13/09 AA+ / Stable

Moody’s:

PPRF Senior Lien: 2017A Report – 02/06/17 Aa1 Stable
PPRF Subordinate Lien: 2017B Report – 02/06/17 Aa2 Stable
PPRF Senior & Subordinate Lien: 2016F Report – 10/27/16 Aa1 / Aa2 Stable
PPRF Senior & Subordinate Lien: 2016E Report – 08/30/16 Aa1 / Aa2 Stable
PPRF Senior & Subordinate Lien: 2016D Report – 06/13/16 Aa1 / Aa2 Stable
PPRF Senior & Subordinate Lien: 2016C Report – 04/11/16 Aa1 / Aa2 Stable
PPRF Senior & Subordinate Lien: 2016AB Report – 01/11/16 Aa1 / Aa2 Stable
PPRF Senior & Subordinate Lien: 2015CD Report – 07/09/15 Aa1 / Aa2 Stable
PPRF Senior Lien: 2015B Report – 05/08/15 Aa1 / Stable
PPRF Subordinate Lien: 2015A Report – 02/06/15 Aa2 / Stable
PPRF Senior Lien: 2014B Report – 06/30/14 Aa1 / Stable
PPRF Subordinate Lien: 2014A Report – 05/08/14 Aa2 / Stable
PPRF Senior Lien: 2013A Report – 05/08/13 Aa1 / Stable
PPRF Senior Lien: 2013B Report – 10/10/13 Aa1 / Stable
PPRF Subordinate Lien: 2013C Report – 10/10/13 Aa2 / Stable
PPRF Senior Lien: Rating Upgrade – 03/26/13 Aa1 Confirmed / Stable
PPRF Sub Lien: Rating Upgrade – 03/26/13 Aa2 Confirmed / Stable
PPRF Senior Lien: Announcement – 01/10/13 Watchlist for Possible Downgrade Extended
PPRF Sub Lien: Announcement – 01/10/13 Watchlist for Possible Downgrade Extended
PPRF Senior Lien: Announcement – 10/10/12 Watchlist for Possible Downgrade Extended
PPRF Sub Lien: Announcement – 10/10/12 Watchlist for Possible Downgrade Extended
PPRF Senior Lien: Announcement – 07/13/12 Under Review for Downgrade
PPRF Sub Lien: Announcement – 07/13/12 Under Review for Downgrade
PPRF Senior Lien: 2012C Report – 11/01/11 Aa1 / Stable
PPRF Senior Lien: 2011B Report – 07/28/11 Aa1 / Stable
PPRF Senior Lien: 2011A Report – 04/19/11 Aa1 / Stable
PPRF Sub Lien: Report – 04/19/11 Aa2 / Upgrade
PPRF Senior Lien: 2010B Report – 07/21/10 Aa1 / Upgrade
PPRF Senior Lien: 2010A Report – 04/19/10 Aa2 / Stable
PPRF Senior Lien: 2009E Report – 10/24/09 Aa2
PPRF Senior Lien: 2009D Report – 09/22/09 Aa2
PPRF Senior Lien: 2009C Report – 06/30/09 Aa2
PPRF Senior Lien: 2009AB Report – 05/27/09 Aa2

Rating Letters
 

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