Summary: Barclays Capital Inc. Series 2011-100W; Residual Certificates; Tender Option Certificates/Bonds Nov 11
- Language: English
- Published: November 2011
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
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 the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
SHOW LESS READ MORE >
Carrollton-Farmers Branch Indpt Sch Dist,Barclays Capital Inc.