FMSbonds Inc. And Mesirow Financial Inc. Eight Various Receipt Ratings Lowered To 'BBB+', 'BBB+/A-2' - S&P Global Ratings’ Credit Research

FMSbonds Inc. And Mesirow Financial Inc. Eight Various Receipt Ratings Lowered To 'BBB+', 'BBB+/A-2'

FMSbonds Inc. And Mesirow Financial Inc. Eight Various Receipt Ratings Lowered To 'BBB+', 'BBB+/A-2' - S&P Global Ratings’ Credit Research
FMSbonds Inc. And Mesirow Financial Inc. Eight Various Receipt Ratings Lowered To 'BBB+', 'BBB+/A-2'
Published Jul 14, 2020
4 pages (1737 words) — Published Jul 14, 2020
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) July 14, 2020--S&P Global Ratings lowered its ratings on eight tender-option bond trust issues for FMSbonds Inc.'s series 2015-ZF0218, 2016-XF0520, and 2017-XF0583 and Mesirow Financial Inc.'s series 2017-ZM0509, related to various underlying bonds, to 'BBB+' and 'BBB+/A-2' from 'A-' and 'A-/A-2', respectively, and subsequently removed them from CreditWatch with negative implications where S&P Global Ratings placed them on May 8, 2020 (please see the table). The rating action follows S&P Global Ratings' lowering of its ratings on the underlying bonds and subsequent removal from CreditWatch with negative implications where S&P Global Ratings placed them on May 4, 2020. (For further information, please see the article, titled "Metropolitan Transportation Authority, NY Ratings Lowered On Steep Financial

  
Brief Excerpt:

...information is available to subscribers of RatingsDirect at www.capitaliq.com. All ratings affected by this rating action can be found on S&P Global Ratings' public website at www.standardandpoors.com. Use the Ratings search box located in the left column....

  
Report Type:

Ratings Action

Issuer
Metropolitan Transportation Authority
Sector
Public Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "FMSbonds Inc. And Mesirow Financial Inc. Eight Various Receipt Ratings Lowered To 'BBB+', 'BBB+/A-2'" Jul 14, 2020. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FMSbonds-Inc-And-Mesirow-Financial-Inc-Eight-Various-Receipt-Ratings-Lowered-To-BBB-BBB-A-2-2478264>
  
APA:
S&P Global Ratings’ Credit Research. (). FMSbonds Inc. And Mesirow Financial Inc. Eight Various Receipt Ratings Lowered To 'BBB+', 'BBB+/A-2' Jul 14, 2020. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FMSbonds-Inc-And-Mesirow-Financial-Inc-Eight-Various-Receipt-Ratings-Lowered-To-BBB-BBB-A-2-2478264>
  
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