Various Ratings Removed From CreditWatch For 12 Different Pennsylvania-Related Trusts - S&P Global Ratings’ Credit Research

Various Ratings Removed From CreditWatch For 12 Different Pennsylvania-Related Trusts

Various Ratings Removed From CreditWatch For 12 Different Pennsylvania-Related Trusts - S&P Global Ratings’ Credit Research
Various Ratings Removed From CreditWatch For 12 Different Pennsylvania-Related Trusts
Published Apr 22, 2016
Published Apr 22, 2016
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Abstract:

NEW YORK (Standard&Poor's) April 22, 2016--Standard&Poor's Ratings Services affirmed and removed its various ratings for 12 different Deutsche Bank Securities Inc. Receipts (Series 1000), JPMorgan Securities PUTTERs&DRIVERs Trust Series, and FMSbonds Inc. trusts, related to Pennsylvania issues, from CreditWatch with negative implications, where Standard&Poor's placed them on March 9, 2016, (please see the table below). This rating action reflects Standard&Poor's removal of its ratings on Pennsylvania's debt from CreditWatch (please see the article, titled " Pennsylvania Debt Ratings Affirmed And Off CreditWatch After Budget Impasse Ends; Outlook Negative", published March 24, 2016, on RatingsDirect). The long-term component of the rating for series DBE-1254 is based on the joint support, assuming

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Various Ratings Removed From CreditWatch For 12 Different Pennsylvania-Related Trusts" Apr 22, 2016. Alacra Store. Sep 16, 2019. <http://www.alacrastore.com/s-and-p-credit-research/Various-Ratings-Removed-From-CreditWatch-For-12-Different-Pennsylvania-Related-Trusts-1621628>
  
APA:
S&P Global Ratings’ Credit Research. (). Various Ratings Removed From CreditWatch For 12 Different Pennsylvania-Related Trusts Apr 22, 2016. New York, NY: Alacra Store. Retrieved Sep 16, 2019 from <http://www.alacrastore.com/s-and-p-credit-research/Various-Ratings-Removed-From-CreditWatch-For-12-Different-Pennsylvania-Related-Trusts-1621628>
  
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