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Summary: Merrill Lynch Puttable FLOATs/RITES Trust Series PT-1000 Lansing Board of Water & Light, Michigan; Tender Option Certificates/Bonds Jul 12
Standard & Poors, July 2012
Standard & Poor's Ratings Services has withdrawn its 'AA-/A-1' rating on Merrill Lynch Puttable FLOATs/RITES Trust's series PT-1000 puttable floating option tax-exempt receipts, series PT-4701, relating to Lansing Board of Water & Light, Mich.'s utility system revenue bonds series 2011A. We have withdrawn the rating because the issue is no longer outstanding. 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. There is no Standard & Poor's 17g-7 Disclosure Report included in this...
Companies mentioned in this report are: Lansing Brd of Wtr & Lt,Merrill Lynch Put FLOATs/RITES tr ser PT-1000
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Lansing Brd of Wtr & Lt,Merrill Lynch Put FLOATs/RITES tr ser PT-1000