Summary: Ribco Trust Series 2007 P86W Aug 07
- ID: 2086394
- August 2007
- Standard & Poors
Ribco Trust floating rate trust receipts series 2007 FR-P86W, relating to state of California veterans general obligation bonds series CD, are rated 'AA-/A-1'. The long-term component of the rating is based on the underlying bonds. 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, 2029. Ribco Trust residual interest trust series 2007 RI-P86W, relating to state of California veterans general obligation bonds series CD, are rated 'AA-'. The rating is based on the underlying bonds....
Companies mentioned in this report are:
- California Dept of Vet Affairs
- Ribco Tr
Action: New Rating
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