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Ratings On 20 RBS Citizens N.A. Letter Of Credit-Backed Issues Lowered

Published Nov 11, 2013

914 words — Published Nov 11, 2013

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Abstract:

NEW YORK (Standard&Poor's) Nov. 11, 2013--Standard&Poor's Ratings Services has lowered its ratings on 20 RBS Citizens N.A. letter of credit-backed U.S. Public Finance issues. This action follows Standard&Poor's Nov. 7, 2013, lowering of its rating on RBS Citizens N.A. to 'A-/A-2' from 'A/A-1' (see, "RBS Citizens Financial Group Long-Term Rating Lowered To 'BBB+' Following Downgrade Of Parent; Outlook Is Negative", published Nov. 7, 2013, on RatingsDirect). RELATED CRITERIA AND RESEARCH USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007 Criteria: Joint Support Criteria Update, April 22, 2009 Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009

Brief Excerpt:

RESEARCH Ratings On 20 RBS Citizens N.A. Letter Of Credit-Backed Issues Lowered Publication date: 11-Nov-2013 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos.souffront@standardandpoors.com Secondary Contact:...

Report Type:

Ratings Action

Issuer

Connecticut Hlth&Educl Facs Auth

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Ratings On 20 RBS Citizens N.A. Letter Of Credit-Backed Issues Lowered" Nov 11, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-20-RBS-Citizens-N-A-Letter-Of-Credit-Backed-Issues-Lowered-1215385>

APA:	S&P Global Ratings’ Credit Research. (). Ratings On 20 RBS Citizens N.A. Letter Of Credit-Backed Issues Lowered Nov 11, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-20-RBS-Citizens-N-A-Letter-Of-Credit-Backed-Issues-Lowered-1215385>

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