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Summary: Societe Generale Municipal Securities Trust Receipts Series 1994 SG3 Aug 08 Product Image

Summary: Societe Generale Municipal Securities Trust Receipts Series 1994 SG3 Aug 08

  • Published: August 2008
  • Standard & Poors

FEATURED COMPANIES

  • Illinois Regl Transp Auth
  • MORE

Abstract
Standard & Poor's Ratings Services lowered its long-term component of the rating on Societe Generale Municipal Securities Trust Receipts Series 1994 SG3 relating to Illinois Regional Transportation Authority to 'AA+' from 'AAA'. This action follows Standard & Poor's downgrade of the underlying bond to 'AA+' from 'AAA'. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on Societe Generale. The expiration date of the liquidity facility is Jan. 1, 2009....

Companies mentioned in this report are:
- Illinois Regl Transp Auth
- Societe Generale Muni Secs Tr Recpts Ser SG

Action: Downgraded

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, READ MORE >

- Illinois Regl Transp Auth
- Societe Generale Muni Secs Tr Recpts Ser SG

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