Ratings On Five LOC-Backed Bonds Confirmed Due To Extended LOC Expiration Dates - S&P Global Ratings’ Credit Research

Ratings On Five LOC-Backed Bonds Confirmed Due To Extended LOC Expiration Dates

Ratings On Five LOC-Backed Bonds Confirmed Due To Extended LOC Expiration Dates - S&P Global Ratings’ Credit Research
Ratings On Five LOC-Backed Bonds Confirmed Due To Extended LOC Expiration Dates
Published Nov 20, 2012
3 pages (1063 words) — Published Nov 20, 2012
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

NEW YORK (Standard&Poor's) Nov. 20, 2012--Standard&Poor's Ratings Services today confirmed its ratings on five bonds fully supported by letters of credit (LOCs) due to the extension of the LOC expiration dates for each bond. Changes to our ratings on the bonds can result from, among other things, changes to our ratings on the LOC provider, the expiration or termination of the LOCs, or amendments to the transactions' terms. The complete ratings list is available in "LOC-Supported Bond Ratings Confirmed Due To Extended LOC Expiration Dates," published today on the Global Credit Portal on RatingsDirect. The list is also available on Standard&Poor's Web site, at www.standardandpoors.com. On the home page, under Ratings Resources, click on

  
Brief Excerpt:

...NEW YORK (Standard & Poor's) Nov. 20, 2012--Standard & Poor's Ratings Services today confirmed its ratings on five bonds fully supported by letters of credit (LOCs) due to the extension of the LOC expiration dates for each bond. Changes to our ratings on the bonds can result from, among other things, changes to our ratings on the LOC provider, the expiration or termination of the LOCs, or amendments to the transactions' terms. The complete ratings list is available in "LOC-Supported Bond Ratings Confirmed Due To Extended LOC Expiration Dates," published today on the Global Credit Portal on RatingsDirect. The list is also available on Standard & Poor's Web site, at www.standardandpoors.com. On the home page, under Ratings Resources, click on Ratings Actions and then select Structured Finance. STANDARD & POOR'S 17G-7 DISCLOSURE REPORT SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the Rule, to include a description...

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On Five LOC-Backed Bonds Confirmed Due To Extended LOC Expiration Dates" Nov 20, 2012. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Five-LOC-Backed-Bonds-Confirmed-Due-To-Extended-LOC-Expiration-Dates-1670741>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Five LOC-Backed Bonds Confirmed Due To Extended LOC Expiration Dates Nov 20, 2012. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Five-LOC-Backed-Bonds-Confirmed-Due-To-Extended-LOC-Expiration-Dates-1670741>
  
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