Moody's Investors Service upgrades the rating of HFA of Manatee Co, Fl Homeowner Rev Bonds 07 A & C
New York, November 15, 2016-- Moody's Investors Service, has upgraded to Baa2 from Ba1 the rating of Housing Finance Authority of Manatee County Florida Homeowner Revenue Bonds Series 2007 A,& C. The action affects $1,420,000 in outstanding debt. This action follows the upgrade of DEPFA LT bank deposits rating to Baa2 from Ba1 on October 19, 2016. DEPFA serves as the guaranteed investment contract provider for the program's revenue fund and capitalized interest account.
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