Summary: Barclays Capital Inc. Series 2012-11UX; Residual Certificates; Tender Option Certificates/Bonds Nov 12
- Language: English
- Published: November 2012
Standard & Poor's Ratings Services assigned its 'AA/A-1+' and 'AA' ratings to Barclays Capital Inc.'s floating rate trust receipts and residual interest trust receipts series 2011-28B, respectively, relating to Chicago Transit Authority's sales tax receipts revenue bonds series 2011. The long-term component of the rating on the floating and residual receipts is based on the rating on the underlying bonds (AA). The short-term component of the rating on the floating receipts is based on the rating on Barclays Bank PLC, until Oct. 1, 2012. 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...
Companies mentioned in this report are: Chicago Transit Auth,Barclays Capital Inc.
Action: New Rating
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Chicago Transit Auth,Barclays Capital Inc.