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Summary: Merrill Lynch, Pierce, Fenner & Smith Inc.'s Series 2007C Ratings Raised To 'AA'; Residual Certificates; Tender Option Certificates/Bonds Dec 10
Standard & Poors, December 2010
Standard & Poor's Ratings Services raised its ratings on Merrill Lynch, Pierce, Fenner & Smith Inc.'s floating rate class A certificates and residual rate class B certificates series 2007C, relating to Baptist Health South Florida's hospital revenue bonds, to 'AA' from 'AA-'. This action follows Standard & Poor's Nov. 15, 2010, upgrade of the rating on the underlying bonds to 'AA' from 'AA-'. The long-term rating is based on the underlying bonds (CUSIP#: 838810BW8). USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are: Baptist Hlth South Florida,Merrill Lynch, Pierce, Fenner & Smith Inc.
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Baptist Hlth South Florida,Merrill Lynch, Pierce, Fenner & Smith Inc.