The ratings of 16 Commerzbank AG LOC-backed municipal issues were placed on CreditWatch with negative implications, following the Nov. 9, 2001, placement of Commerzbank AG's rating of 'A+' on CreditWatch negative.
Summary
Connecticut's Special Tax Obligation Bonds (Transportation Infrastructure Purpose) Rated 'AA-' – 2002/11/04 – US$ 150.00
Summary: Connecticut; Tax Secured, Gas Tax – 2002/11/04 – US$ 225.00
Summary: Connecticut; Tax Secured, Gas Tax – 2002/11/11 – US$ 225.00
Connecticut; Tax Secured, Gas Tax – 2003/07/08 – US$ 500.00
Summary: Connecticut; Tax Secured, Gas Tax – 2003/07/08 – US$ 225.00
S&P Correct: 16 Commerzbank AG LOC-Backed Municipal Issues Placed on CreditWatch Negative – 2001/11/27 – US$ 150.00
Summary: Connecticut; Revenue - Transportation, Miscellaneous Tax Revenue; Revenue - Utility, Other – 2000/07/06 – US$ 225.00
Connecticut; Revenue - Transportation, Miscellaneous Tax Revenue; Revenue - Utility, Other – 2000/07/05 – US$ 500.00
Connecticut $150M Special Tax Obligation Bonds Rated 'AA-' – 1999/11/11 – US$ 150.00
Connecticut; Revenue - Transportation, Miscellaneous Tax Revenue – 1999/11/11 – US$ 500.00
S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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