hppoa bond rating ?

[Seeb]

does anyone know what this means?

" Standard & Poor's Ratings Services has withdrawn its 'BBB+' rating on Hawaiian Paradise Park Owners Association's $12.085 million series 2007 homeowners assessment revenue bonds. We are withdrawing the rating because of a lack of timely and relevant information, which we believe is necessary to maintain a credit opinion."

[Menehune]

Here is a link: http://beta.essortment.com/38110-underst...tings.html

Basically - it might cost HPP more interest.

It also speaks VOLUMNES of HPP's governing bodies - "lack of timely and relevant information" , they have a hard time giving it to the owners and now a hard time giving it to investors.