Deutsche Bank Securities Inc. Receipts (Series 1000) DBE-263 Receipts Long-Term Ratings Raised To 'AAA/A-1' And 'AAA' - S&P Global Ratings’ Credit Research

Deutsche Bank Securities Inc. Receipts (Series 1000) DBE-263 Receipts Long-Term Ratings Raised To 'AAA/A-1' And 'AAA'

Deutsche Bank Securities Inc. Receipts (Series 1000) DBE-263 Receipts Long-Term Ratings Raised To 'AAA/A-1' And 'AAA' - S&P Global Ratings’ Credit Research
Deutsche Bank Securities Inc. Receipts (Series 1000) DBE-263 Receipts Long-Term Ratings Raised To 'AAA/A-1' And 'AAA'
Published Nov 03, 2014
Published Nov 03, 2014
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Abstract:

NEW YORK (Standard&Poor's) Nov. 3, 2014--Standard&Poor's Ratings Services raised its long-term ratings on Deutsche Bank Securities Inc. Receipts (Series 1000)'s series DBE-263 short-puttable-exempt-adjustable receipts (SPEARs), long-inverse-floating-exempt receipts (LIFERS), and custodial receipts related to Philadelphia's seventh series (1998 general ordinance) Pennsylvania Gas Works revenue bonds (5%, seventh series bonds due Oct. 1, 2018) (nonalternative-minimum tax) to 'AAA/A-1'; 'AAA'; and 'AAA', respectively, from 'AA+/A-1', 'AA+', and 'AA+'. This action follows Standard&Poor's Oct. 21, 2014, raising of its rating on the underlying bonds to 'A-' from 'BBB+'. (Please see the article, titled " Philadelphia's Revenue Bonds For Philadelphia Gas Works Upgraded To 'A-'," published Oct. 21, 2014, on RatingsDirect.) The long-term component of the ratings on the

  
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Ratings Action

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MLA:
S&P Global Ratings’ Credit Research. "Deutsche Bank Securities Inc. Receipts (Series 1000) DBE-263 Receipts Long-Term Ratings Raised To 'AAA/A-1' And 'AAA'" Nov 03, 2014. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Deutsche-Bank-Securities-Inc-Receipts-Series-1000-DBE-263-Receipts-Long-Term-Ratings-Raised-To-AAA-A-1-And-AAA-1367221>
  
APA:
S&P Global Ratings’ Credit Research. (). Deutsche Bank Securities Inc. Receipts (Series 1000) DBE-263 Receipts Long-Term Ratings Raised To 'AAA/A-1' And 'AAA' Nov 03, 2014. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Deutsche-Bank-Securities-Inc-Receipts-Series-1000-DBE-263-Receipts-Long-Term-Ratings-Raised-To-AAA-A-1-And-AAA-1367221>
  
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