The 'F1+' rating reflects AHFC's ability to cover
short-term obligations by a minimum of 1.
For much of the past decade, the builder spent a hefty portion of its cash flow servicing
short-term obligations on bank debt borrowed to finance projects in Brazil and elsewhere in Latin America.
The top priority for programs will be those that help the BPA meet its
short-term obligations under the Endangered Species Act for restoring the 12 runs of Columbia Basin salmon and steelhead that are threatened or endangered species.
And using long-term debt to fund
short-term obligations is a classic financing problem, as well as a significant consideration for analysts as they watch how companies manage their long-term debt.
The ratings range from AA- to AAA for long-term bonds and A-1+ for
short-term obligations, with an outlook of stable.
According to Moody's release the
short-term obligations of both the operating banks and Firstar Corp.
With the stage set for a new interest rate panic, any fears that the Japanese government would have to suddenly take on new
short-term obligations to bail out a regional government would provoke volatility and interest rate increases in the long JGB market.
1281, which requires certain holders of
short-term obligations to include interest income on the
short-term obligation as it accrues, regardless of the overall accounting method used by the holder of the instrument.
Obligations subject to the special treatment of IRS Notice 88-108 are those that are collected within 30 days of their issuance, but the exclusion of such
short-term obligations does not apply if the controlled foreign corporation holds obligations that would constitute U.
6, Classification of
Short-Term Obligations Expected to be Refinanced, and FASB Technical Bulletin (TB) no.
CCP II's expected 'F1' short-term debt rating reflects the fact that the issuances rank pari passu with JPMS's
short-term obligations.
The company is also expected to be able to roll over its
short-term obligations, mainly short-term credit lines from domestic lender VTB (MCX:VTBR).
