- Language: English
- 94 Pages
- Published: June 2013
- Region: United Kingdom
Woodbourne Pass Through Trust Securities
- Published: July 2005
- Standard & Poors
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Research Type: Full Analysis
The 'A+' rating on Woodbourne Pass Through Trust Securities' flex committed capital trust preferred custodial trust securities (CCS securities) is based on the 'A+' preferred stock rating of Assured Guaranty Corp. Woodbourne Pass Through Trust Securities will issue $200 million pass through securities and purchase the CCS securities from Woodbourne Capital Trusts Series I, II, III, and IV (the custodial trusts) for $200 million. The pass through trust is a newly created statutory trust organized under the Delaware Statutory Trust Act. The trustee is the Bank of New York (Delaware). The trust will issue pass through trust securities and invest the proceeds in the CCS securities issued by the custodial trusts. Woodbourne Capital Trusts I, II, III, and IV are...
Companies mentioned in this report are: Woodbourne Pass Through Trust Securities,Assured Guaranty Corp
Action: New Rating
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Woodbourne Pass Through Trust Securities,Assured Guaranty Corp