Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 10109 Placed On CreditWatch Negative; Tender Option Certificates/Bonds Dec 08
- ID: 1717864
- December 2008
- Region: Global
- Standard & Poors
Standard & Poor's Ratings Services placed its 'AAA/A-1+' rating on Citigroup Global Markets ROCs/ROLs II-R Trust reset option certificates series 10109, relating to Birmingham Water Works and Sewer Board, Ala.'s water and sewage revenue bonds series 2002B, on CreditWatch with negative implications. This action follows Sept. 29, 2008, placement of Citigroup Inc. on CreditWatch with negative implications. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on Citigroup Inc....
Companies mentioned in this report are:
- Birmingham Wtrwks Brd
- Citigroup Global Markets ROCs/ROLs II-R Tr
Action: On CreditWatch:Negative
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