Research And Markets Research And Markets
0 CHECKOUT

Summary: Deutsche Bank Securities Inc. Receipts Series DB-1032; Residual Certificates; Tender Option Certificates/Bonds Dec 11

  • ID: 2032216
  • December 2011
  • Standard & Poors
1 of 3

Abstract
Standard & Poor's Ratings Services affirmed its 'AA/A-1' and 'AA' ratings on Deutsche Bank Securities Inc. Receipts' series DB-1032, relating to Chicago Transit Authority, Ill.'s sales tax receipts revenue bonds series 2011. This action follows the deposit of additional bonds into the trust. The long-term component of the rating on the SPEARs and LIFERs is based on the rating on the underlying bonds (AA). The short-term component of the rating on the SPEARs is based on the rating on Deutsche Bank AG. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and...

Companies mentioned in this report are:
- Chicago Transit Auth
- Deutsche Bank Securities Inc Rcpts (Series 1000)

Action: Affirmed

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, distinguishes READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Chicago Transit Auth
- Deutsche Bank Securities Inc Rcpts (Series 1000)

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

RELATED PRODUCTS from Db