Home Credit Ratings and Research S&P Global Ratings’ Credit Research Port Authority of New York&New Jersey

S&P Revises Rating On FMSbonds Inc.'s Series 2015-ZF0271 Floating-Rate Certificates To 'AA-/A-1+'

Published Jan 07, 2016

About This Report

Abstract:

NEW YORK (Standard&Poor's) Jan. 7, 2016--Standard&Poor's Ratings Services has corrected by assigning an 'A-1+' short-term component to its rating on FMSbonds Inc.'s series 2015-ZF0271 trust puttable floating-rate certificates (floaters), relating to the Port Authority of New York&New Jersey's 163rd series consolidated bonds. As such, we revised the rating to 'AA-/A-1+' from 'AA-'.

Report Type:

Ratings Action

Issuer

Port Authority of New York&New Jersey

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

Summary: FMSbonds Inc. Port Authority of New York&New Jersey; Residual Certificates; Tender Option Certificates/Bonds – 2016/03/16 – US$ 225.00

Summary: FMSbonds Inc. Port Authority of New York&New Jersey; Residual Certificates; Tender Option Certificates/Bonds – 2016/03/22 – US$ 225.00

Port Authority of New York And New Jersey 195th And 196th Series Consolidated Bonds Rated 'AA-'; Other Ratings Affirmed – 2016/05/03 – US$ 150.00

Port Authority of New York&New Jersey; Appropriations; CP; Ports/Port Authorities – 2016/05/03 – US$ 500.00

Summary: Port Authority of New York&New Jersey; Appropriations; CP; Ports/Port Authorities – 2016/05/03 – US$ 225.00

Summary: Port Authority of New York and New Jersey; CP – 2015/11/13 – US$ 225.00

Summary: Tender Option Bond Series 2015-ZM0099 Issued By Mesirow Municipal Funding Port Authority of New York&New Jersey; Residual Certificates; Tender Option Certificates/Bonds – 2015/11/10 – US$ 225.00

Summary: Tender Option Bond Series 2015-XF2163 Issued By FMSbonds Inc. Port Authority of New York&New Jersey; Residual Certificates; Tender Option Certificates/Bonds – 2015/10/27 – US$ 225.00

Ratings Assigned To 10 Mesirow Financial Inc. Tender Option Bond Series 2015-ZM Floater And Residual Trust Receipts – 2015/10/26 – US$ 150.00

Various Port Authority of New York&New Jersey Consolidated Bonds Assigned 'AA-' Rating – 2015/10/06 – US$ 150.00

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 Revises Rating On FMSbonds Inc.'s Series 2015-ZF0271 Floating-Rate Certificates To 'AA-/A-1+'" Jan 07, 2016. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-Rating-On-FMSbonds-Inc-s-Series-2015-ZF0271-Floating-Rate-Certificates-To-AA-A-1-1559197>

APA:	S&P Global Ratings’ Credit Research. (). S&P Revises Rating On FMSbonds Inc.'s Series 2015-ZF0271 Floating-Rate Certificates To 'AA-/A-1+' Jan 07, 2016. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Revises-Rating-On-FMSbonds-Inc-s-Series-2015-ZF0271-Floating-Rate-Certificates-To-AA-A-1-1559197>

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 Credit Research from one place.