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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11314 Mar 08 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11314 Mar 08

  • Published: March 2008
  • Region: Global
  • Standard & Poors

Abstract
Citigroup Global Markets Reset Option Certificates II-R Series 11314, relating to Harris County, Texas unlimited tax road refunding bonds series 2008A, 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 11314, relating to Harris County, Texas unlimited tax road refunding bonds series 2008A, 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...

Companies mentioned in this report are:
- Harris 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 READ MORE >

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

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