Summary: Deutsche Bank Securities Inc. Receipts Series DB-377 - S&P Global Ratings’ Credit Research

Summary: Deutsche Bank Securities Inc. Receipts Series DB-377

Summary: Deutsche Bank Securities Inc. Receipts Series DB-377 - S&P Global Ratings’ Credit Research
Summary: Deutsche Bank Securities Inc. Receipts Series DB-377
Published Oct 22, 2007
1141 words — Published Oct 22, 2007
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA/A-1+' and 'AAA' ratings to Deutsche Bank Securities Inc. short puttable exempt adjustable receipts (SPEARs) and long inverse floating exempt receipts (LIFERs), respectively, issued under Trust Series DB-377, relating to Huntsville, Ala. municipal justice and public safety center lease revenue capital improvement and refunding bonds series 2007. The long-term component of the SPEARs rating is based on the 'AAA' rated, MBIA-insured Huntsville, Ala. municipal justice and public safety center lease revenue capital improvement and refunding bonds series 2007. The short-term component of the rating is based on a standby purchase agreement (SPA) provided by Deutsche Bank AG (A-1+). The rating on the LIFERs is based on the 'AAA' rated, MBIA-insured Huntsville, Ala. municipal

  
Brief Excerpt:

RESEARCH Summary: Deutsche Bank Securities Inc. Receipts Series DB-377 Publication date: 22-Oct-2007 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit Analyst:...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Deutsche Bank Securities Inc. Receipts Series DB-377" Oct 22, 2007. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Deutsche-Bank-Securities-Inc-Receipts-Series-DB-377-608745>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Deutsche Bank Securities Inc. Receipts Series DB-377 Oct 22, 2007. 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-377-608745>
  
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