Summary: Merrill Lynch Puttable FLOATs/RITEs Trust; Tender Option Certificates/Bonds Jan 13
- ID: 2383424
- January 2013
- Standard & Poors
Standard & Poor's Ratings Services confirmed its ratings on various Merrill Lynch Puttable FLOATs/RITEs Trust's tax-exempt receipts, due to the extension of the associated liquidities. 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 credit rating report because, in our view, there are no representations, warranties and enforcement mechanisms available to investors. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- Merrill Lynch Put FLOATs/RITES tr ser PT-1000
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