Summary: Barclays Capital Inc. Series 2012-5WX Ratings Lowered To 'A+/A-1' And 'A+'; Residual Certificates; Tender Option Certificates/Bonds Oct 12
- Language: English
- Published: October 2012
Standard & Poor's Ratings Services assigned its 'AA/A-1' and 'AA' ratings to Barclays Capital Inc.'s floater and residual certificates series 2011-111B, respectively, relating to Carrollton-Farmers Branch Independent School District, Texas' (Dallas and Denton Counties) school building unlimited-tax bonds series 2005. The long-term component of the rating on the floater and residual certificates is based on the rating on the underlying bonds (AA). The short-term component of the rating on the floater certificates is based on Barclays Bank PLC, until Feb. 15, 2025. 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: Carrollton-Farmers Branch Indpt Sch Dist,Barclays Capital Inc.
Action: New Rating
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Carrollton-Farmers Branch Indpt Sch Dist,Barclays Capital Inc.