FMSbonds Inc. (2017-XF0549), Mesirow Financial Inc. (2017-XF0549) Four Receipt Ratings Raised To 'AA-/A-1+' And 'AA-' - S&P Global Ratings’ Credit Research

FMSbonds Inc. (2017-XF0549), Mesirow Financial Inc. (2017-XF0549) Four Receipt Ratings Raised To 'AA-/A-1+' And 'AA-'

FMSbonds Inc. (2017-XF0549), Mesirow Financial Inc. (2017-XF0549) Four Receipt Ratings Raised To 'AA-/A-1+' And 'AA-' - S&P Global Ratings’ Credit Research
FMSbonds Inc. (2017-XF0549), Mesirow Financial Inc. (2017-XF0549) Four Receipt Ratings Raised To 'AA-/A-1+' And 'AA-'
Published Oct 15, 2021
3 pages (1388 words) — Published Oct 15, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Oct. 15, 2021--S&P Global Ratings raised its long-term ratings on four tender-option-bond trust receipts, issued by FMSbonds Inc. (series 2017-XF0549) and Mesirow Financial Inc. (series 2017-XF0549), related to various underlying bonds, to 'AA-/A-1+' and 'AA-' from 'A+/A-1' and 'A+', respectively, (please see the table.) This rating action follows S&P Global Ratings' raising of its ratings on the underlying bonds. (For further information, see the article, titled "Hudson Yards Infrastructure Corp., NY Bond Rating Raised To 'AA-' On Development Progress, Reduced Reliance On City," published Oct. 7, 2021, on RatingsDirect.) The long-term component of the ratings on the floaters and the ratings on the residuals reflect the ratings on the underlying bonds and S&P Global Ratings'

  
Brief Excerpt:

...This rating action follows S&P Global Ratings' raising of its ratings on the underlying bonds. (For further information, see the article, titled "Hudson Yards Infrastructure Corp., NY Bond Rating Raised To '##-' On Development Progress, Reduced Reliance On City," published Oct. 7, 2021, on RatingsDirect.) The long-term component of the ratings on the floaters and the ratings on the residuals reflect the ratings on the underlying bonds and S&P Global Ratings' expectation of the likelihood of...

  
Report Type:

Ratings Action

Issuer
New York City
Sector
Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "FMSbonds Inc. (2017-XF0549), Mesirow Financial Inc. (2017-XF0549) Four Receipt Ratings Raised To 'AA-/A-1+' And 'AA-'" Oct 15, 2021. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FMSbonds-Inc-2017-XF0549-Mesirow-Financial-Inc-2017-XF0549-Four-Receipt-Ratings-Raised-To-AA-A-1-And-AA-2738627>
  
APA:
S&P Global Ratings’ Credit Research. (). FMSbonds Inc. (2017-XF0549), Mesirow Financial Inc. (2017-XF0549) Four Receipt Ratings Raised To 'AA-/A-1+' And 'AA-' Oct 15, 2021. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FMSbonds-Inc-2017-XF0549-Mesirow-Financial-Inc-2017-XF0549-Four-Receipt-Ratings-Raised-To-AA-A-1-And-AA-2738627>
  
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