- Published: December 2013
- Region: Global
Summary: Missouri Hsg Dev Comm May 04
- Published: May 2004
- Region: Missouri
- Standard & Poors
The long-term component of the rating on RIBCO Trust Series 2004 L15 floating rate trust receipts (FR-TRs) is based on the rating of the underlying Missouri Housing Development Commission single-family mortgage revenue bonds (homeownership loan program) 2004 series A-1. The short-term component of the rating is based on a liquidity facility in the form of a line of credit guaranteed by Lehman Brothers Inc. The line of credit expires on Sept. 1, 2034, unless earlier terminated pursuant to its terms will cover the purchase price of tendered but unremarketed bonds. The rating on RIBCO Trust Series 2004 L15 residual interest rate trust receipts is based on the rating of the underlying Missouri Housing Development Commission single-family mortgage revenue bonds (homeownership...
Companies mentioned in this report are: Missouri Hsg Dev Comm,Ribco Tr
Action: New Rating
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Missouri Hsg Dev Comm,Ribco Tr