Summary: Barclays Capital Inc. (Series 2023-XG0498); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Barclays Capital Inc. (Series 2023-XG0498); Residual Certificates; Tender Option Certificates/Bonds

Summary: Barclays Capital Inc. (Series 2023-XG0498); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Barclays Capital Inc. (Series 2023-XG0498); Residual Certificates; Tender Option Certificates/Bonds
Published Jul 18, 2023
5 pages (1928 words) — Published Jul 18, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

July 18, 2023 2023-XG0498 Metropolitan Transportation Authority Transportation Revenue Green Bonds, Series 2019B Barclays Bank PLC Stifel, Nicolaus&Company Inc. Barclays Capital Inc. Weekly S&P Global Ratings assigned the above-mentioned ratings to the floater and residual certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying securities and addresses full and timely interest-and-principal payments when

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the floater and residual certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the...

  
Report Type:

Summary

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Barclays Capital Inc. (Series 2023-XG0498); Residual Certificates; Tender Option Certificates/Bonds" Jul 18, 2023. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2023-XG0498-Residual-Certificates-Tender-Option-Certificates-Bonds-3021745>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Barclays Capital Inc. (Series 2023-XG0498); Residual Certificates; Tender Option Certificates/Bonds Jul 18, 2023. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2023-XG0498-Residual-Certificates-Tender-Option-Certificates-Bonds-3021745>
  
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