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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12014 Oct 07 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12014 Oct 07

  • ID: 1717540
  • October 2007
  • Region: Global
  • Standard & Poors

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 12014, relating to Los Angeles Community College District (Los Angles County, Calif.) 2001 election general obligation bonds, 2007 series A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, FGIC-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 12014, relating to Los Angeles Community College District (Los Angles County, Calif.) 2001 election general obligation bonds, 2007 series A, are rated 'AAA'. The rating is based on the 'AAA' rated, FGIC-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:
- Los Angeles Comnty Coll Dist
- 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 READ MORE >

- Los Angeles Comnty Coll Dist
- Citigroup Global Markets ROCs/ROLs II-R Tr

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