Summary: Ratings On Five Societe Generale Municipal Securities Trust Receipts Issues Lowered; Custodial Receipts; Joint Criteria; Tender Option Certificates/Bonds Feb 12
- Language: English
- Published: February 2012
Societe Generale Municipal Securities Trust Receipts Series 2007 SGC 8, relating to Puerto Rico Electric Power Authority power revenue refunding bonds series VV, are rated 'AAA/A-1+'. The long-term component of the rating is based on the FGIC-insured underlying bond. The short-term component of the rating is based on a liquidity facility provided by Societe Generale until Aug. 1, 2008. The stable outlook is based on the bond insurer....
Companies mentioned in this report are: Puerto Rico Elec Pwr Auth,Societe Generale Muni Secs Tr Rcpts Ser SGC
Action: New Rating
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Puerto Rico Elec Pwr Auth,Societe Generale Muni Secs Tr Rcpts Ser SGC