• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11289 Dec 07 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11289 Dec 07

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

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 11289, relating to Houston, Texas public improvement refunding bonds series 2007 A, are rated 'AA-/A-1+'. The long-term component of the rating is based on the 'AA-' rated 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 11289, relating to Houston, Texas public improvement refunding bonds series 2007 A, are rated 'AA-'. The rating is based on the 'AA-' rated 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. (A-1+). Optionally tendered ROCs that are not remarketed will be purchased from...

Companies mentioned in this report are:
- 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 READ MORE >

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

Note: Product cover images may vary from those shown

RELATED PRODUCTS