Summary: Barclays Capital Inc. (Series 2022-YX1216); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: Barclays Capital Inc. (Series 2022-YX1216); Joint Criteria

Summary: Barclays Capital Inc. (Series 2022-YX1216); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: Barclays Capital Inc. (Series 2022-YX1216); Joint Criteria
Published May 25, 2022
6 pages (1956 words) — Published May 25, 2022
Price US$ 225.00  |  Buy this Report Now

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Abstract:

May 26, 2022 2022-YX1216 Miami-Dade County, Florida's (Miami International Airport) series 2014B airport revenue refunding bonds (nonalternative-minimum tax) Barclays Bank PLC Barclays Capital Inc. Barclays Capital Inc. Barclays Bank PLC S&P Global Ratings assigned the above-mentioned ratings to the custody and floater receipts, reflecting its opinion of the likelihood the trust, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the floater receipts. Trust assets include all distributions of principal; interest; and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings on the underlying securities and credit-enhancement

  
Brief Excerpt:

... Airport) series 2014B airport revenue refunding bonds (nonalternative-minimum tax)...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
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Region
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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.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Barclays Capital Inc. (Series 2022-YX1216); Joint Criteria" May 25, 2022. Alacra Store. Apr 28, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2022-YX1216-Joint-Criteria-2845339>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Barclays Capital Inc. (Series 2022-YX1216); Joint Criteria May 25, 2022. New York, NY: Alacra Store. Retrieved Apr 28, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2022-YX1216-Joint-Criteria-2845339>
  
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