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

Summary: New Jersey Transp Trust Fd Auth Apr 05

  • Published: 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

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, READ MORE >

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

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