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Summary: South Dearborn Comnty Sch Corp, IN Jan 05 Product Image

Summary: South Dearborn Comnty Sch Corp, IN Jan 05

  • ID: 1834409
  • January 2005
  • Standard & Poors

Abstract
Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-2456 (South Dearborn Community School Corp.), relating to Aurora School Building Corp. (Dearborn County, Ind.) first mortgage bonds series 2004, 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 guarantee from Merrill Lynch & Co. Inc., and the expiration date of the liquidity facility is Dec. 15, 2005. Merrill Lynch Puttable FLOATs/RITES Trust residual interest tax-exempt securities receipts series PT-2456 (South Dearborn Community School Corp.), relating to Aurora School Building Corp. (Dearborn County, Ind.) first mortgage bonds series 2004, are rated 'AAA'. The long-term component of the rating is based on...

Companies mentioned in this report are:
- South Dearborn Comnty Sch Corp
- Merrill Lynch Put FLOATs/RITES tr ser PT-1000

Action: New Rating

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Note: Product cover images may vary from those shown

- South Dearborn Comnty Sch Corp
- Merrill Lynch Put FLOATs/RITES tr ser PT-1000

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

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