Ratings Assigned To 34 Tender Option Bond Series 2015-XF Floater And Residual Trust Receipts Issued By fmsbonds Inc. - S&P Global Ratings’ Credit Research

Ratings Assigned To 34 Tender Option Bond Series 2015-XF Floater And Residual Trust Receipts Issued By fmsbonds Inc.

Ratings Assigned To 34 Tender Option Bond Series 2015-XF Floater And Residual Trust Receipts Issued By fmsbonds Inc. - S&P Global Ratings’ Credit Research
Ratings Assigned To 34 Tender Option Bond Series 2015-XF Floater And Residual Trust Receipts Issued By fmsbonds Inc.
Published Mar 13, 2015
Published Mar 13, 2015
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Abstract:

NEW YORK (Standard&Poor's) March 13, 2015--Standard&Poor's Ratings Services assigned the following ratings to 17 tender option bond series 2015-XF trust puttable floating-rate receipts (floaters) and 17 inverse floating-rate receipts (residuals), issued by fmsbonds Inc. For these transactions, fmsbonds Inc. is both the trustor and administrative agent, and JPMorgan Chase Bank N.A. is the liquidity provider. The receipts were formerly issued as puttable tax-exempt receipts (PUTTERs) and derivative inverse tax-exempt receipts (DRIVERs) under individual trusts issued by JPMorgan Securities PUTTERs&DRIVERs Trust. However, the CUSIPs associated with the PUTTERs and DRIVERs are being exchanged for new CUSIPs, and will be issued as receipts under new individual trusts issued by fmsbonds Inc. The exchange/conversion date is March

  
Report Type:

Ratings Action

Ticker
2870Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings Assigned To 34 Tender Option Bond Series 2015-XF Floater And Residual Trust Receipts Issued By fmsbonds Inc." Mar 13, 2015. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Assigned-To-34-Tender-Option-Bond-Series-2015-XF-Floater-And-Residual-Trust-Receipts-Issued-By-fmsbonds-Inc-1389032>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings Assigned To 34 Tender Option Bond Series 2015-XF Floater And Residual Trust Receipts Issued By fmsbonds Inc. Mar 13, 2015. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-Assigned-To-34-Tender-Option-Bond-Series-2015-XF-Floater-And-Residual-Trust-Receipts-Issued-By-fmsbonds-Inc-1389032>
  
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