Home Credit Ratings and Research Residential Mortgage-Backed Securities S&P Global Ratings’ Credit Research Philadelphia

S&P Corrects Ratings On Deutsche Bank Securities Inc. Receipts Series DBE-247, DBE-263, and DBE-340; Off Watch Negative

Published Mar 12, 2013

Price US$ 150.00 | Buy this Report Now

About This Report

Abstract:

NEW YORK (Standard&Poor's) March 12, 2013--Standard&Poor's Ratings Services corrected its 'AAA/A-1' ratings on Deutsche Bank Securities Inc. Receipts' short puttable exempt adjustable receipts (SPEARs), series DBE-247, DBE-263, and DBE-340, by removing them from CreditWatch with negative implications. In addition, Standard&Poor's corrected its 'AAA' ratings on Deutsche Bank Securities Inc. Receipts' long investment floating exempt receipts (LIFERs) and custodial receipts, series DBE-247, DBE-263, and DBE-340, by removing them from CreditWatch with negative implications. All of the securities relate to Philadelphia, Pa.'s series 7th gas works revenue bonds (1998 general ordinance).

Report Type:

Ratings Action

Issuer

Philadelphia

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

HTML

S&P Corrects By Adding Positive Outlook To Rating On Philadelphia Authority For Industrial Development, PA 2007B-4 Bonds – 2013/06/05 – US$ 150.00

Summary: Philadelphia, Pennsylvania; General Obligation; General Obligation Equivalent Security; Joint Criteria; Letter Of Credit – 2013/06/14 – US$ 225.00

Philadelphia, Pennsylvania; General Obligation; General Obligation Equivalent Security; Joint Criteria; Letter Of Credit – 2013/06/14 – US$ 500.00

Philadelphia, PA GO Debt Rating Raised To 'A-' On Improved Finances – 2013/06/14 – US$ 150.00

Summary: Philadelphia; Joint Criteria; Water/Sewer – 2013/06/28 – US$ 225.00

Summary: Philadelphia; Joint Criteria – 2013/03/06 – US$ 225.00

Summary: Philadelphia; Letter of Credit – 2013/01/02 – US$ 225.00

Summary: Philadelphia Authority For Industrial Development Philadelphia; General Obligation; General Obligation Equivalent Security; Joint Criteria – 2012/12/06 – US$ 225.00

Summary: Philadelphia; Note – 2012/12/05 – US$ 225.00

Philadelphia, Pennsylvania; Gas; Joint Criteria – 2012/10/24 – US$ 500.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "S&P Corrects Ratings On Deutsche Bank Securities Inc. Receipts Series DBE-247, DBE-263, and DBE-340; Off Watch Negative" Mar 12, 2013. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Deutsche-Bank-Securities-Inc-Receipts-Series-DBE-247-DBE-263-and-DBE-340-Off-Watch-Negative-1093647>

APA:	S&P Global Ratings’ Credit Research. (). S&P Corrects Ratings On Deutsche Bank Securities Inc. Receipts Series DBE-247, DBE-263, and DBE-340; Off Watch Negative Mar 12, 2013. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Ratings-On-Deutsche-Bank-Securities-Inc-Receipts-Series-DBE-247-DBE-263-and-DBE-340-Off-Watch-Negative-1093647>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Residential Mortgage-Backed Securities from one place.