Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11783; Residual Certificates; Tender Option Certificates/Bonds May 11
Standard & Poors, May 2011
Abstract
Standard & Poor's Ratings Services affirmed its 'AA-/A-1' and 'AA-' ratings on Citigroup Global Markets ROCs/ROLs II-R Trust's series 11783, relating to Illinois Finance Authority's (The University of Chicago Medical Center) revenue bonds series 2009C. The affirmation reflects the deposit of additional bonds, resulting in an increase in the amount of reset option certificates and reset option longs. The long-term component of the rating is based on the underlying bonds. The short-term component of the rating on the ROCs is based on a liquidity facility provided by Citibank N.A. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- University of Chicago Med Ctr
- Citigroup Global Markets ROCs/ROLs II-R Tr
Action: Affirmed
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 the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
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.
- University of Chicago Med Ctr
- Citigroup Global Markets ROCs/ROLs II-R Tr
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW6
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network