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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11287 Dec 07 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11287 Dec 07

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

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 11287, relating to Socorro Independent School District (El Paso County, Texas) unlimited tax school building bonds series 2006A, 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 Citibank N.A. (A-1+). Citigroup Global Markets Reset Option Longs II-R Series 11287, relating to Socorro Independent School District (El Paso County, Texas) unlimited tax school building bonds series 2006A, are rated 'AAA'. The rating is based on the 'AAA' 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....

Companies mentioned in this report are:
- Socorro Indpt Sch Dist
- 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 READ MORE >

- Socorro Indpt Sch Dist
- Citigroup Global Markets ROCs/ROLs II-R Tr

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