Citigroup Global Markets Reset Option Certificates II-R Series 11115, relating to state of Florida certificates of participation (School Board of Manatee County, Florida Master Lease Program) series 2007, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, MBIA-insured 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 II-R Series 11115, relating to state of Florida certificates of participation (School Board of Manatee County, Florida Master Lease Program) series 2007, are rated 'AAA'. The rating is based on the 'AAA' rated MBIA-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where...
Companies mentioned in this report are:
- Manatee Cnty Sch Brd
- Citigroup Global Markets ROCs/ROLs II-R Tr
Action: New Rating
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