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Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11215WF And 11245WF; Tender Option Certificates/Bonds Mar 12 Product Image

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 11215WF And 11245WF; Tender Option Certificates/Bonds Mar 12

  • Published: March 2012
  • Region: Global
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its ratings on Citigroup Global Markets ROCs/ROLs II-R Trust's series 11215WF and 11245WF, due to the extension of the expiration dates of the associated liquidity facilities provided by Wells Fargo & Co. to Jan. 15, 2013. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description of the representations, warranties and enforcement mechanisms available to investors and a description of how they differ from the representations, warranties and enforcement mechanisms in issuances of similar securities. The Rule applies to in-scope securities initially rated (including preliminary ratings) on or after Sept. 26, 2011. If applicable, the Standard &...

Companies mentioned in this report are:
- Texas Dept of Hsg & Comnty Affairs
- Citigroup Global Markets ROCs/ROLs II-R Tr

Action: Affirmed

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- Texas Dept of Hsg & Comnty Affairs
- Citigroup Global Markets ROCs/ROLs II-R Tr

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