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Summary: Ribco Trust Series 2007 P86W Aug 07 Product Image

Summary: Ribco Trust Series 2007 P86W Aug 07

  • Published: August 2007
  • Standard & Poors

Abstract
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

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding READ MORE >

California Dept of Vet Affairs,Ribco Tr

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