Standard & Poor's Ratings Services assigned its 'AAA/A-1' and 'AAA' ratings to Barclays Capital Inc.'s floater and residual certificates series 2011-102W, respectively, relating to Arizona School Facilities Board's state school improvement revenue refunding 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 (AAA). The short-term component of the rating on the floater certificates is based on the rating on Barclays Bank PLC until July 1, 2017. 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 a...
Companies mentioned in this report are:
- Barclays Capital Inc.
Action: New Rating
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