- Published: May 2012
- Region: United States
Summary: Ribco Trust Series 2006 P24U May 06
- Published: May 2006
- Standard & Poors
Ribco Trust floating rate trust receipts series 2006 FR-P24U are rated 'AAA/A-1'. The long-term component of the rating is based on the 'AAA' rated, FSA-insured Memphis, Tenn. electric system subordinate revenue bonds series 2003A. The short-term component of the rating is based on a liquidity facility provided by Lehman Liquidity Co. LLC secured by a line of credit from Lehman Brothers Holdings Inc. expiring Dec. 1, 2008. Ribco Trust residual interest trust receipts series 2006 RI-P24U are rated 'AAA'. The rating is based on the 'AAA' rated, FSA-insured Memphis, Tenn. electric system subordinate revenue bonds series 2003A. The stable outlook is based on the insurance provider....
Companies mentioned in this report are: Memphis,Ribco Tr
Action: New Rating
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