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

Abstract
Standard & Poor's Ratings Services has withdrawn its 'AA-/A-1' rating on Merrill Lynch Puttable FLOATs/RITES Trust's series PT-1000 puttable floating option tax-exempt receipts, series PT-4701, relating to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 We have withdrawn the rating because the issue is no longer outstanding.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
Action: Withdrawn

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.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

Lansing Brd of Wtr & Lt,Merrill Lynch Put FLOATs/RITES tr ser PT-1000

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