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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12030 Nov 07

  • ID: 1717602
  • November 2007
  • Region: Global
  • Standard & Poors
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Abstract
Citigroup Global Markets Reset Option Certificates II-R series 12030, relating to County of Cook, Ill., GO capital improvement bonds, series 2002 C, 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 Citigroup Financial Products Inc. (not rated), and the guarantor is Citigroup Inc. ('A-1+'). Citigroup Global Markets Reset Option Long II-R series 12030, relating to County of Cook, Ill., GO capital improvement bonds, series 2002 C, 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...

Companies mentioned in this report are:
- Cook Cnty
- 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 underlying an issuer's creditworthiness, distinguishes READ MORE >

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- Cook Cnty
- Citigroup Global Markets ROCs/ROLs II-R Tr

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

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