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Summary: Deutsche Bank Securities Inc. Receipts Series DBE-1056X; Tender Option Certificates/Bonds Feb 13 Product Image

Summary: Deutsche Bank Securities Inc. Receipts Series DBE-1056X; Tender Option Certificates/Bonds Feb 13

  • Published: February 2013
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services confirmed its 'AAA/A-1' rating on Deutsche Bank Securities Inc. Receipts' SPEARS series DBE-1056X, relating to Chicago, Ill.'s (Chicago O'Hare International Airport) general airport third-lien revenue bonds, due to the extension of the associated liquidity and/or credit enhancement facility to Dec. 15, 2013, and June 15, 2014, respectively. 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...

Companies mentioned in this report are:
- Deutsche Bank Securities Inc Rcpts (Series 1000)

Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured READ MORE >

- Deutsche Bank Securities Inc Rcpts (Series 1000)

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