Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12112 - S&P Global Ratings’ Credit Research

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12112

Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12112 - S&P Global Ratings’ Credit Research
Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12112
Published Dec 11, 2007
3 pages (1061 words) — Published Dec 11, 2007
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Abstract:

Citigroup Global Markets Reset Option Certificates II-R Series 12112, relating to East Bay Municipal Utility District (Alameda and Contra Costa counties, Calif.) water system subordinated revenue bonds series 2005 A, are rated 'AAA/A-1'. The long-term component of the rating is based on the 'AAA' rated, MBIA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Bayerische Landesbank (A-1). Citigroup Global Markets Reset Option Longs II-R Series 12112, relating to East Bay Municipal Utility District (Alameda and Contra Costa counties, Calif.) water system subordinated revenue bonds series 2005 A, are rated 'AAA'. The rating is based on the 'AAA' rated, MBIA-insured underlying bonds. The stable outlook is based on the insurance provider.

  
Brief Excerpt:

...Citigroup Global Markets Reset Option Certificates II-R Series 12112, relating to East Bay Municipal Utility District (Alameda and Contra Costa counties, Calif.) water system subordinated revenue bonds series 2005 A, are rated '###/A-1'. The long-term component of the rating is based on the '###' rated, MBIA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Bayerische Landesbank (A-1). Citigroup Global Markets Reset Option Longs II-R Series 12112, relating to East Bay Municipal Utility District (Alameda and Contra Costa counties, Calif.) water system subordinated revenue bonds series 2005 A, are rated '###'. The rating is based on the '###' rated, MBIA-insured underlying bonds....

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12112" Dec 11, 2007. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Citigroup-Global-Markets-ROCs-ROLs-II-R-Trust-Series-12112-618948>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 12112 Dec 11, 2007. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Citigroup-Global-Markets-ROCs-ROLs-II-R-Trust-Series-12112-618948>
  
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