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

  • ID: 1717823
  • March 2008
  • Region: Global
  • Standard & Poors
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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 credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes READ MORE >

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

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

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