Home Credit Ratings and Research S&P Global Ratings’ Credit Research District of Columbia

Summary: District of Columbia, DC

Published Mar 03, 2003

331 words — Published Mar 03, 2003

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Abstract:

The Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-750, relating to District of Columbia GO refunding bonds series 1999B, is rated 'AAA/A-1+'. The long-term component of the rating is based on the FSA-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from Landesbank Hessen-Thuringen Girozentrale, and the expiration date of the liquidity facility is Feb. 15, 2004.

Brief Excerpt:

RESEARCH Summary: District of Columbia, DC Publication date: 03-Mar-2003 Credit Profile $29.275 mil put fltg opt tax-ex rcpt ser PT-750 re District of Columbia GO rfdg bnds ser 1999B ###/A-1+ Sale date: 27-FEB-2003 Rationale The Merrill...

Report Type:

Summary

Issuer

District of Columbia

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

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More from S&P Global Ratings’ Credit Research

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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MLA:	S&P Global Ratings’ Credit Research. "Summary: District of Columbia, DC" Mar 03, 2003. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-DC-300858>

APA:	S&P Global Ratings’ Credit Research. (). Summary: District of Columbia, DC Mar 03, 2003. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-District-of-Columbia-DC-300858>

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