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Summary: New Jersey Transp Trust Fd Auth Apr 05 Product Image

Summary: New Jersey Transp Trust Fd Auth Apr 05

  • ID: 1835185
  • April 2005
  • Region: New Jersey
  • Standard & Poors

Abstract
Citigroup Global Markets Reset Option Certificates II-R Trust Series 7516, relating to New Jersey Transportation Trust Fund Authority system bonds, 2005 series C, are rated 'AAA/A-1+'. The long-term component of the rating is based on the MBIA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. until March 30, 2006. Citigroup Global Markets Reset Option Longs II-R Trust Series 7516, relating to New Jersey Transportation Trust Fund Authority system bonds, 2005 series C, are rated 'AAA'. The rating is based on the MBIA-insured underlying bonds. The stable outlook reflects the outlook of the bond insurer....

Companies mentioned in this report are:
- New Jersey Transp Trust Fd Auth
- Citigroup Global Markets ROCs/ROLs II-R 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.

Note: Product cover images may vary from those shown

- New Jersey Transp Trust Fd Auth
- Citigroup Global Markets ROCs/ROLs II-R Tr

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

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