S&P Corrects Merrill Lynch Puttable FLOATs/RITES Trust Series PT-1186 Rating To 'A' Oct 11
Standard & Poors, October 2011
Abstract
NEW YORK (Standard & Poor's) Oct. 26, 2011--Standard & Poor's Ratings Services corrected its rating on Merrill Lynch Puttable FLOATs/RITES Trust's residual interest tax-exempt securities receipts series PT-1186, relating to Lower Colorado River Authority's refunding revenue bonds series 99A, to 'A' from 'AA'....
Companies mentioned in this report are: Lower Colorado River Auth,Merrill Lynch Put FLOATs/RITES tr ser PT-1000
Action: Downgraded
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 of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
Lower Colorado River Auth,Merrill Lynch Put FLOATs/RITES tr ser PT-1000
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