What are BAM Credit Profiles?
In order to provide investors with the highest level of transparency, Build America Mutual posts a BAM Credit Profile on every issue it insures in either the primary or secondary market. Credit Profiles include fundamental information about the bond, economic and demographic information about the credit, and financial information and key ratios.
Profiles noted with a “PRE” in the Cusip field are provided prior to the pricing of an issue where BAM has been selected as the insurer, and are intended for use by purchasers of the BAM-insured bonds. The information is subject to change, and will be superseded by the publication of the final Credit Profile when the transaction closes. All Credit Profiles are updated annually following receipt of the obligor’s audited financial statements.