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Summary: Mishawaka Sch Bldg Corp., IN May 04 Product Image

Summary: Mishawaka Sch Bldg Corp., IN May 04

  • ID: 1716708
  • May 2004
  • Standard & Poors

FEATURED COMPANIES

  • Mishawaka Sch Bldg Corp.
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Abstract
Citigroup Global Markets Reset Option Certificates II-R Trust Series 3024, relating to Mishawaka School Building Corp. (St. Joseph County, Ind.) first mortgage bonds series 2004, are rated 'AAA/A-1+'. The long-term component of the rating is based on the underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Global Markets Holdings Inc. until May 19, 2005. Citigroup Global Markets Reset Option Longs II-R Trust Series 3024, relating to Mishawaka School Building Corp. (St. Joseph County, Ind.) first mortgage bonds series 2004, are rated 'AAA'. The rating is based on the underlying bonds....

Companies mentioned in this report are:
- Mishawaka Sch Bldg Corp.
- Citigroup Global Markets ROCs/ROLs II-R Tr

Action: New Rating

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, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Mishawaka Sch Bldg Corp.
- Citigroup Global Markets ROCs/ROLs II-R Tr

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