• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: GS Municipal Product LLC Series 2006-44TPZ Ratings Lowered To ?A+/A-1? And ?A+?; Custodial Receipts; Residual Certificates; Tender Option Certificates/Bonds Feb 12 Product Image

Summary: GS Municipal Product LLC Series 2006-44TPZ Ratings Lowered To ?A+/A-1? And ?A+?; Custodial Receipts; Residual Certificates; Tender Option Certificates/Bonds Feb 12

  • ID: 2053254
  • February 2012
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services lowered its rating on GS Municipal Product LLC's series 2006-44TPZ, relating to San Mateo County Community College District, Calif.'s (San Mateo County) general obligation Bonds (Election of 2001) series 2005B and series 2006A, to 'A+/A-1' and 'A+' from 'AA-/A-1+' and 'AA-', respectively. The liquidity facility provided by Wells Fargo & Co. has been extended to Nov. 15, 2012. This action follows Standard & Poor's Nov. 29, 2011, downgrade of its rating on Wells Fargo & Co. to 'A+/A-1' from 'AA-/A-1+' (please see "Standard & Poor's Applies Its Revised Bank Criteria To 37 Of The Largest Rated Banks And Certain Subsidiaries," published Nov. 29, 2011, on RatingsDirect on the Global Credit Portal). The long-term and short-term...

Companies mentioned in this report are: San Mateo Cnty Comnty Coll Dist,GS Muni Product LLC
Action: Downgraded

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 READ MORE >

Note: Product cover images may vary from those shown

San Mateo Cnty Comnty Coll Dist,GS Muni Product LLC

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

RELATED PRODUCTS