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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12022 Nov 07 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12022 Nov 07

  • Published: November 2007
  • Region: Global
  • Standard & Poors

FEATURED COMPANIES

  • Houston
  • Houston Arpt Sys
  • MORE

Abstract
Citigroup Global Markets reset option certificates II-R, series 12022, relating to City of Houston, Texas' airport system subordinate lien revenue bonds, series 2000 B, 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 Dexia Credit Local. ('A-1+'). Citigroup Global Markets reset option longs II-R, series 12022, relating to City of Houston, Texas' airport system subordinate lien revenue bonds, series 2000 B, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bonds. The stable outlook is based on the insurance provider....

Companies mentioned in this report are:
- Houston Arpt Sys
- Houston
- 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, READ MORE >

- Houston Arpt Sys
- Houston
- Citigroup Global Markets ROCs/ROLs II-R Tr

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