Summary: Citigroup Global Markets ROCs/ROLs II-R Trust Series 8073

Citigroup Global Markets Reset Option Certificates II-R Series 8073, relating to Port of Oakland intermediates lien refunding revenue bonds, 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 Citigroup Financial Products Inc. (NR) and the guarantor is Citigroup Inc. (A-1+).  Citigroup Global Markets Reset Option Long II-R Series 8073, relating to Port of Oakland intermediates lien refunding revenue bonds, are rated 'AAA'. The rating is based on the 'AAA' rated, MBIA-insured 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. (NR)

...Citigroup Global Markets Reset Option Certificates II-R Series 8073, relating to Port of Oakland intermediates lien refunding revenue bonds, 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 Citigroup Financial Products Inc. (##) and the guarantor is Citigroup Inc. (A-1+). Citigroup Global Markets Reset Option Long II-R Series 8073, relating to Port of Oakland intermediates lien refunding revenue bonds, are rated '###'. The rating is based on the '###' rated, MBIA-insured 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 the proceeds of the sale of a pro rata amount of bonds, and to the extent such...

Summary