Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds

Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds
Published Nov 29, 2011
1810 words — Published Nov 29, 2011
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA/A-1' to Citigroup Taxable Trust's series T30020-I notes. The long-term component of the rating is based on the rating on New York State Dormitory Authority's (federally taxable Build America Bonds) personal income tax revenue bonds (general purpose) series 2010D (AAA). The short-term component of the rating is based on a shortfall liquidity swap provided by Citibank N.A. (A-1). The notes are secured by the bonds. The note holders will receive future payments of principal and interest, if any, from all maturities acquired by the trust; they will have the right to receive the principal amount of notes plus accrued interest thereon (the purchase price) from remarketing proceeds, sale proceeds of the bonds, and

  
Brief Excerpt:

RESEARCH Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds Publication date: 29-Nov-2011 Primary Credit Analyst: Beatriz Peguero, New York (1) 212-438-2164; beatriz_peguero@standardandpoors.com Secondary...

  
Report Type:

Summary

Ticker
2338Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds" Nov 29, 2011. Alacra Store. May 26, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Citigroup-Taxable-Trust-Series-T30020-I-Tender-Option-Certificates-Bonds-917609>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Citigroup Taxable Trust Series T30020-I; Tender Option Certificates/Bonds Nov 29, 2011. New York, NY: Alacra Store. Retrieved May 26, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Citigroup-Taxable-Trust-Series-T30020-I-Tender-Option-Certificates-Bonds-917609>
  
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