Research And Markets Research And Markets
0 CHECKOUT

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11116 Jul 07

  • ID: 1717080
  • July 2007
  • Region: Global
  • Standard & Poors
1 of 3

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 11116, relating to Puerto Rico Infrastructure Financing Authority special tax revenue refunding bonds series 2005C, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, AMBAC-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 11126, relating to Puerto Rico Infrastructure Financing Authority special tax revenue refunding bonds series 2005C, are rated 'AAA'. The rating is based on the 'AAA' rated AMBAC-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is Citibank N.A. (A-1+). Optionally tendered ROCs...

Companies mentioned in this report are:
- Puerto Rico
- 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 READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Puerto Rico
- Citigroup Global Markets ROCs/ROLs II-R Tr

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

RELATED PRODUCTS from Db