Summary: Ribco Trust Series 2006 P63 Oct 06
Standard & Poors, October 2006
Abstract
Ribco Trust floating rate trust receipts series 2006 FR-P63 are rated 'AA-/A-1'. The long-term component of the rating is based on the 'AA-' rated New Jersey Transportation Trust Fund Authority transportation system bonds, 2006 series A. 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. 15, 2023. Ribco Trust residual interest trust receipts series 2006 RI-P63 are rated 'AA-'. The rating is based on the 'AA-' rated New Jersey Transportation Trust Fund Authority transportation system bonds, 2006 series A....
Companies mentioned in this report are: New Jersey Transp Trust Fd Auth,Ribco Tr
Action: New Rating
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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.
New Jersey Transp Trust Fd Auth,Ribco Tr
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