Summary: California Oct 02
- ID: 2086078
- October 2002
- Region: California
- Standard & Poors
The Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PA-1082, relating to California GO bonds, is rated 'A+/A-1'. The long-term component of the rating is based on the guarantee from Merrill Lynch & Co. Inc. The short-term component of the rating is based on a liquidity guarantee from Merrill Lynch & Co. Inc., and the expiration date of the liquidity facility is Oct. 15, 2003....
Companies mentioned in this report are:
- Merrill Lynch Put FLOATs/RITES tr Ser PA
Action: New Rating
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