Mesirow Municipal Funding's Nine Series Of 2015-XM Trust Receipts Assigned 18 Various Ratings - S&P Global Ratings’ Credit Research

Mesirow Municipal Funding's Nine Series Of 2015-XM Trust Receipts Assigned 18 Various Ratings

Mesirow Municipal Funding's Nine Series Of 2015-XM Trust Receipts Assigned 18 Various Ratings - S&P Global Ratings’ Credit Research
Mesirow Municipal Funding's Nine Series Of 2015-XM Trust Receipts Assigned 18 Various Ratings
Published Jun 09, 2015
5 pages (2172 words) — Published Jun 09, 2015
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Abstract:

NEW YORK (Standard&Poor's) June 9, 2015--Standard&Poor's Ratings Services assigned 18 various ratings to nine different Mesirow Municipal Funding tender-option bond series 2015-XM trust puttable floater receipts and inverse floating-rate residual receipts. (Please see the table below.) These trusts are issued under the common document initiative using net liquidity. For these transactions, Mesirow Financial Inc. is both the trustor and trust administrator. Morgan Stanley Bank N.A. is the liquidity provider. The receipts were formerly issued under individual trusts by Morgan Stanley&Co. LLC Trust. The CUSIPs associated with the former floater and residual certificates will remain the same. Mesirow Financial Inc., however, will transfer the underlying bonds to the new individual trusts and issue new receipts.

  
Brief Excerpt:

...These trusts are issued under the common document initiative using net liquidity. For these transactions, Mesirow Financial Inc. is both the trustor...

  
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Ratings Action

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MLA:
S&P Global Ratings’ Credit Research. "Mesirow Municipal Funding's Nine Series Of 2015-XM Trust Receipts Assigned 18 Various Ratings" Jun 09, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Mesirow-Municipal-Funding-s-Nine-Series-Of-2015-XM-Trust-Receipts-Assigned-18-Various-Ratings-1403102>
  
APA:
S&P Global Ratings’ Credit Research. (). Mesirow Municipal Funding's Nine Series Of 2015-XM Trust Receipts Assigned 18 Various Ratings Jun 09, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Mesirow-Municipal-Funding-s-Nine-Series-Of-2015-XM-Trust-Receipts-Assigned-18-Various-Ratings-1403102>
  
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