Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds

Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds
Published Jan 02, 2013
1072 words — Published Jan 02, 2013
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services assigned its 'AA/A-1' and 'AA' ratings to Deutsche Bank Securities Inc. Receipts' short puttable exempt adjustable receipts (SPEARS) and long inverse floating exempt receipts (LIFERS), respectively, series DB-1139, relating to Michigan Finance Authority's hospital revenue and refunding 5.00% term bonds (Trinity Health Credit Group) series 2011MI. The long-term component of the rating on the SPEARS and LIFERs is based on the rating on the underlying bonds. The short-term component of the rating on the SPEARS is based on the liquidity facility provided by Deutsche Bank AG, scheduled to expire on Dec. 15, 2013. SEC Rule 17g-7 requires an NRSRO, for any report accompanying a credit rating relating to an asset-backed security as defined in the

  
Brief Excerpt:

RESEARCH Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds Publication date: 02-Jan-2013 Primary Credit Analyst: Dare D Branch, Chicago (1) 312-233-7034; dare_branch@standardandpoors....

  
Report Type:

Summary

Ticker
27822Z
Issuer
Trinity Health Credit Group
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds" Jan 02, 2013. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Deutsche-Bank-Securities-Inc-Receipts-Series-DB-1139-Residual-Certificates-Tender-Option-Certificates-Bonds-1058312>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Deutsche Bank Securities Inc. Receipts Series DB-1139; Residual Certificates; Tender Option Certificates/Bonds Jan 02, 2013. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Deutsche-Bank-Securities-Inc-Receipts-Series-DB-1139-Residual-Certificates-Tender-Option-Certificates-Bonds-1058312>
  
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