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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11197 Sep 07 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11197 Sep 07

  • ID: 1717267
  • September 2007
  • Region: Global
  • Standard & Poors

Abstract
Citigroup Global Markets reset option certificates II-R, series 11197, relating to Florida's full faith and credit, State Board of Education, capital outlay bonds, 2005 series A are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' 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 II-R, series 11197, relating to Florida's full faith and credit, State Board of Education, capital outlay bonds, 2005 series A are rated 'AAA'. The rating is based on the 'AAA' rated 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....

Companies mentioned in this report are:
- Florida
- 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 READ MORE >

- Florida
- Citigroup Global Markets ROCs/ROLs II-R Tr

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