Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12015 Nov 07
- ID: 1717560
- November 2007
- Region: Global
- Standard & Poors
Citigroup Global Markets Reset Option Certificates II-R Series 12015, relating to San Luis Obispo County Finance Authority Nacimiento Water Project revenue bonds, 2007 series A, 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 12015, relating to San Luis Obispo County Finance Authority Nacimiento Water Project revenue bonds, 2007 series A, 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 the swap counterparty is Citibank N.A....
Companies mentioned in this report are:
- San Luis Obispo Cnty
- San Luis Obispo Cnty Fin Auth
- Citigroup Global Markets ROCs/ROLs II-R Tr
Action: New Rating
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