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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 742 Jan 07 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 742 Jan 07

  • ID: 1716973
  • January 2007
  • Region: Global
  • Standard & Poors

Abstract
Citigroup Global Markets Reset Option Certificates Trust II-R Series 742, relating to the Port Authority of New York and New Jersey consolidated bonds, one hundred forty-fourth series, are rated 'AA-/A-1+'. The long-term component of the rating is based on the 'AA-' rated underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. (A-1+). Citigroup Global Markets Reset Option Longs Trust II-R Series 742, relating to the Port Authority of New York and New Jersey consolidated bonds, one hundred forty-fourth series, are rated 'AA-'. The rating is based on the 'AA-' rated underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is...

Companies mentioned in this report are:
- Port Auth of New York & New Jersey
- Citigroup Global Markets ROCs/ROLs II-R Tr

Action: New Rating

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Note: Product cover images may vary from those shown

- Port Auth of New York & New Jersey
- Citigroup Global Markets ROCs/ROLs II-R Tr

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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