FMSbonds Inc. And Mesirow Financial Inc. Various Ratings Reinstated For Several Tender-Option Bond Series - S&P Global Ratings’ Credit Research

FMSbonds Inc. And Mesirow Financial Inc. Various Ratings Reinstated For Several Tender-Option Bond Series

FMSbonds Inc. And Mesirow Financial Inc. Various Ratings Reinstated For Several Tender-Option Bond Series - S&P Global Ratings’ Credit Research
FMSbonds Inc. And Mesirow Financial Inc. Various Ratings Reinstated For Several Tender-Option Bond Series
Published Jan 29, 2019
3 pages (1191 words) — Published Jan 29, 2019
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Jan. 29, 2019--S&P Global Ratings corrected by reinstating its 'AA-' rating on FMSbonds Inc.'s tender-option bond series 2015-XF2025 trust residual certificates, related to Port Authority of New York&New Jersey's 166th series consolidated terminal bonds. S&P Global Ratings also corrected by reinstating its 'AA-' rating on FMSbonds Inc.'s tender-option bond series 2015-XF0237 trust residual certificates, related to Port Authority of New York&New Jersey's 163rd series consolidated terminal bonds. In addition, S&P Global Ratings corrected by reinstating its 'AA-/A-1' and 'AA-' ratings on Mesirow Financial Inc.'s tender-option bond series 2016-ZM0154 trust floater and residual certificates, respectively, related to San Francisco City&County Public Utilities Commission, Calif.'s series 2009B revenue and terminal bonds.

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Jan. 29, 2019--S&P Global Ratings corrected by reinstating its '##-' rating on FMSbonds Inc.'s tender-option bond series 2015-XF2025 trust residual certificates, related to Port Authority of New York & New Jersey's 166th series consolidated terminal bonds. S&P Global Ratings also corrected by reinstating its '##-' rating on FMSbonds Inc.'s tender-option bond series 2015-XF0237 trust residual certificates, related to Port Authority of New York & New Jersey's 163rd series consolidated terminal bonds. In addition, S&P Global Ratings corrected by reinstating its '##-/A-1' and '##-' ratings on Mesirow Financial Inc.'s tender-option bond series 2016-ZM0154 trust floater and residual certificates, respectively, related to San Francisco City & County Public Utilities Commission, Calif.'s series 2009B revenue and terminal bonds. The correction is due to an administrative error that caused the ratings to be withdrawn because of an incorrectly updated maturity date. The...

  
Report Type:

Ratings Action

Issuer
Port Authority of New York&New Jersey
Sector
Global Issuers, 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. Various Ratings Reinstated For Several Tender-Option Bond Series" Jan 29, 2019. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FMSbonds-Inc-And-Mesirow-Financial-Inc-Various-Ratings-Reinstated-For-Several-Tender-Option-Bond-Series-2158906>
  
APA:
S&P Global Ratings’ Credit Research. (). FMSbonds Inc. And Mesirow Financial Inc. Various Ratings Reinstated For Several Tender-Option Bond Series Jan 29, 2019. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FMSbonds-Inc-And-Mesirow-Financial-Inc-Various-Ratings-Reinstated-For-Several-Tender-Option-Bond-Series-2158906>
  
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