Summary: Citigroup Global Markets Reset Option Certificates II-R Trust Series 11300 - S&P Global Ratings’ Credit Research

Summary: Citigroup Global Markets Reset Option Certificates II-R Trust Series 11300

Summary: Citigroup Global Markets Reset Option Certificates II-R Trust Series 11300 - S&P Global Ratings’ Credit Research
Summary: Citigroup Global Markets Reset Option Certificates II-R Trust Series 11300
Published Dec 27, 2007
3 pages (1267 words) — Published Dec 27, 2007
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA/A-1+' rating to Citigroup Global Markets Reset Option Certificates II-R Trust series 11300, relating to District of Columbia's (Washington, D.C.), series 2007C GO bonds. The long-term component of the rating is based on the 'AAA' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. ('A-1+'). Standard&Poor's also assigned its 'AAA' rating to Citigroup Global Markets Reset Option Longs II-R's series 11300, relating to District of Columbia's (Washington, D.C.) series 2007C GO bonds. The rating is based on the 'AAA' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap

  
Brief Excerpt:

...Standard & Poor's Ratings Services assigned its '###/A-1+' rating to Citigroup Global Markets Reset Option Certificates II-R Trust series 11300, relating to District of Columbia's (Washington, D.C.), series 2007C GO bonds. The long-term component of the rating is based on the '###' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. ('A-1+'). Standard & Poor's also assigned its '###' rating to Citigroup Global Markets Reset Option Longs II-R's series 11300, relating to District of Columbia's (Washington, D.C.) series 2007C GO bonds. The rating is based on the '###' rated, FSA-insured underlying bonds. The short-term component of the rating is based on a shortfall liquidity swap agreement where the swap counterparty is Citibank N.A. ('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 proceeds are insufficient...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Citigroup Global Markets Reset Option Certificates II-R Trust Series 11300" Dec 27, 2007. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Citigroup-Global-Markets-Reset-Option-Certificates-II-R-Trust-Series-11300-623100>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Citigroup Global Markets Reset Option Certificates II-R Trust Series 11300 Dec 27, 2007. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Citigroup-Global-Markets-Reset-Option-Certificates-II-R-Trust-Series-11300-623100>
  
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