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Summary: New York State Dec 05 Product Image

Summary: New York State Dec 05

  • ID: 1755005
  • December 2005
  • Region: New York
  • Standard & Poors


  • Eagle Tax-Exempt Tr
  • New York State
  • MORE

Eagle Tax-Exempt Trust (New York State), J series 720053001 class A certificates of participation, relating to New York State Dormitory authority personal income tax revenue bonds (education) series 2005F, 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. until Dec. 1, 2006....

Companies mentioned in this report are:
- New York State
- Eagle Tax-Exempt Tr

Action: New Rating

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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

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