Summary: Barclays Capital Inc. Series 2009-11B Ratings Lowered To 'AA/A-1+' And 'AA'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Barclays Capital Inc. Series 2009-11B Ratings Lowered To 'AA/A-1+' And 'AA'; Residual Certificates; Tender Option Certificates/Bonds

Summary: Barclays Capital Inc. Series 2009-11B Ratings Lowered To 'AA/A-1+' And 'AA'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Barclays Capital Inc. Series 2009-11B Ratings Lowered To 'AA/A-1+' And 'AA'; Residual Certificates; Tender Option Certificates/Bonds
Published Sep 12, 2011
Published Sep 12, 2011
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services lowered its ratings on Barclays Capital Inc.'s floaters and residual certificates series 2009-11B, relating to California Educational Facilities Authority's (University of Southern California) revenue bonds series 2009B, to 'AA/A-1+' and 'AA' from 'AA+/A-1+' and 'AA+', respectively. This action follows Standard&Poor's Aug. 5, 2011, downgrade of its rating on the underlying bonds to 'AA' from 'AA+'. The long-term component of the rating on the floaters and residual certificates is based on the rating on the underlying bonds (CUSIP# 130178SB3). The short-term component of the rating on the floaters is based on the liquidity provided by Barclays Bank PLC. USPF Criteria: Secondary Market Derivative Products, June 27, 2007

  
Report Type:

Summary

Issuer
University of Southern California
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Barclays Capital Inc. Series 2009-11B Ratings Lowered To 'AA/A-1+' And 'AA'; Residual Certificates; Tender Option Certificates/Bonds" Sep 12, 2011. Alacra Store. May 10, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2009-11B-Ratings-Lowered-To-AA-A-1-And-AA-Residual-Certificates-Tender-Option-Certificates-Bonds-890179>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Barclays Capital Inc. Series 2009-11B Ratings Lowered To 'AA/A-1+' And 'AA'; Residual Certificates; Tender Option Certificates/Bonds Sep 12, 2011. New York, NY: Alacra Store. Retrieved May 10, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2009-11B-Ratings-Lowered-To-AA-A-1-And-AA-Residual-Certificates-Tender-Option-Certificates-Bonds-890179>
  
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