- Published: February 2011
Summary: Rhode Island Convention Ctr Auth Sep 05
- Published: September 2005
- Standard & Poors
Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-3142, relating to Rhode Island Convention Center Authority refunding revenue bonds series 2005 A, are rated 'AAA/A-1'. The long-term component of the rating is based on the FSA-insured underlying bond. The short-term component of the rating is based on a liquidity facility from Merrill Lynch Capital Services (NR) and a liquidity guarantee from Merrill Lynch & Co. Inc. ('A-1'). The expiration date of the liquidity facility is Aug. 15, 2006. Merrill Lynch Puttable FLOATs/RITES Trust residual interest tax-exempt receipts series PT-3142, relating to Rhode Island Convention Center Authority refunding revenue bonds series 2005 A, are rated 'AAA'. The long-term rating is based on the FSA-insured underlying bond. The stable...
Companies mentioned in this report are: Rhode Island Convention Ctr Auth,Merrill Lynch Put FLOATs/RITES tr ser PT-1000
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 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.
SHOW LESS READ MORE >
Rhode Island Convention Ctr Auth,Merrill Lynch Put FLOATs/RITES tr ser PT-1000
|Electronic||The report will be emailed to you.|