Summary: Merrill Lynch Put FLOATs/RITES Trust Series PT-372 Jun 07
- ID: 1930425
- June 2007
- Standard & Poors
The rating on Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-372A and PT-372B, relating to District of Columbia general obligation bonds series 1999A, has been affirmed following an amendment to the trust documents. The long-term component of the rating is based on the MBIA-insured underlying bond. The short-term component of the rating is based on Merrill Lynch & Co. Inc. The expiration date of the liquidity facility is Oct. 15, 2007. The stable outlook is based on the outlook of the bond insurer....
Companies mentioned in this report are:
- District of Columbia
- Merrill Lynch Put FLOATs/RITES tr ser PT-1000
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