Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12071

Citigroup Global Markets Reset Option Certificates II-R Series 12071, relating to Massachusetts Health and Education Facilities Authority revenue bonds, Harvard University Issue, series 2005 C, are rated 'AAA/A-1+'.  The long-term component of the rating is based on the 'AAA' rated underlying bonds.  The short-term component of the rating is based on a liquidity facility provided by Citigroup Financial Products Inc. (NR) and the guarantor is Citigroup Inc. (A-1+).  Citigroup Global Markets Reset Option Long II-R Series 12071, relating to Massachusetts Health and Education Facilities Authority revenue bonds, Harvard University Issue, series 2005 C, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement

...Citigroup Global Markets Reset Option Certificates II-R Series 12071, relating to Massachusetts Health and Education Facilities Authority revenue bonds, Harvard University Issue, series 2005 C, are rated '###/A-1+'. The long-term component of the rating is based on the '###' rated underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citigroup Financial Products Inc. (##) and the guarantor is Citigroup Inc. (A-1+). Citigroup Global Markets Reset Option Long II-R Series 12071, relating to Massachusetts Health and Education Facilities Authority revenue bonds, Harvard University Issue, series 2005 C, are rated '###'. The rating is based on the '###' rated underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is Citigroup Financial Products Inc. (##) and the guarantor is Citigroup Inc. (A-1+). Optionally tendered ROCs that are not remarketed will be purchased from...

Summary