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

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

  • ID: 1717602
  • November 2007
  • Region: Global
  • Standard & Poors

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 READ MORE >

Note: Product cover images may vary from those shown

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

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

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