Summary: Barclays Capital Inc. (Series 2024-YX1339); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Barclays Capital Inc. (Series 2024-YX1339); Custodial Receipts; Tender Option Certificates/Bonds

Summary: Barclays Capital Inc. (Series 2024-YX1339); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Barclays Capital Inc. (Series 2024-YX1339); Custodial Receipts; Tender Option Certificates/Bonds
Published Aug 13, 2024
6 pages (2004 words) — Published Aug 13, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Aug. 8, 2024 2024-YX1339 Public Finance Authority, Wis. (QCF Behavioral Hospitals I) series 2024A revenue bonds Barclays Bank PLC Barclays Capital Inc. Barclays Capital Inc. Barclays Bank PLC Weekly S&P Global Ratings assigned the above-mentioned ratings to the custody and floater certificates, reflecting its opinion of the likelihood the trust, as custody certificateholder, will have sufficient assets to pay timely interest and full principal when due on the floater certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the custody certificates and liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody certificates reflects the rating on the credit-enhancement provider. The long-term component of our rating on

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the custody and floater certificates, reflecting its opinion of the likelihood the trust, as custody certificateholder, will have sufficient assets to pay timely interest and full principal when due on the floater certificates....

  
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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 2024-YX1339); Custodial Receipts; Tender Option Certificates/Bonds" Aug 13, 2024. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2024-YX1339-Custodial-Receipts-Tender-Option-Certificates-Bonds-3229487>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Barclays Capital Inc. (Series 2024-YX1339); Custodial Receipts; Tender Option Certificates/Bonds Aug 13, 2024. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Barclays-Capital-Inc-Series-2024-YX1339-Custodial-Receipts-Tender-Option-Certificates-Bonds-3229487>
  
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