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Summary: Ribco Trust Series 2007-P129W Dec 07 Product Image

Summary: Ribco Trust Series 2007-P129W Dec 07

  • ID: 2087172
  • December 2007
  • Standard & Poors

Abstract
Ribco Trust floating rate trust receipts series 2007-P129W are rated 'AAA/A-1'. The long-term component of the rating is based on the 'AAA' rated FGIC-insured Sacramento County Water Financing Authority revenue bonds (Sacramento County Water Agency Zones 40 and 41 2007 Water System Project) series 2007B. 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 June 1, 2034. Ribco Trust residual interest trust receipts series 2007-P129W are rated 'AAA'. The rating is based on the 'AAA' rated FGIC-insured Sacramento County Water Financing Authority revenue bonds (Sacramento County Water Agency Zones 40 and 41 2007 Water System Project), series 2007B. The...

Companies mentioned in this report are: Sacramento Cnty,Ribco Tr,Sacramento Cnty Wtr Fincg Auth
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 READ MORE >

Sacramento Cnty,Ribco Tr,Sacramento Cnty Wtr Fincg Auth

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