Summary: Eclipse Funding LLC Series 2007-0046 - S&P Global Ratings’ Credit Research

Summary: Eclipse Funding LLC Series 2007-0046

Summary: Eclipse Funding LLC Series 2007-0046 - S&P Global Ratings’ Credit Research
Summary: Eclipse Funding LLC Series 2007-0046
Published May 23, 2007
725 words — Published May 23, 2007
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'AAA/A-1+' and 'AAA' ratings to Eclipse Funding LLC, Solar Eclipse certificates and Lunar Eclipse certificates, respectively, issued under trust series 2007-0046, relating to Alabama Special Care Facilities Financing Authority of Birmingham revenue bonds (Ascension Health Senior Credit Group) series 2006C-2. The long-term component of the rating is based on the 'AAA' rated, AMBAC-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by U.S. Bank N.A. until April 14, 2008. The Solar Eclipse certificates will evidence beneficial ownership of and the right to receive certain future payment of principal, interest, and premium, if any on an undivided interest in all maturities of the bonds deposited in the

  
Brief Excerpt:

RESEARCH Summary: Eclipse Funding LLC Series 2007-0046 Publication date: 23-May-2007 Current Ratings >> Credit Profile US$21.1 mil solar eclipse certs ser 2007-0046 re AL Spl Care Facs Fincg Auth Birmingham rev bnds Long Term Rating...

  
Report Type:

Summary

Issuer
Sector
Public Finance
Country
Region
Format:
HTML HTML
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Eclipse Funding LLC Series 2007-0046" May 23, 2007. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eclipse-Funding-LLC-Series-2007-0046-580055>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Eclipse Funding LLC Series 2007-0046 May 23, 2007. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Eclipse-Funding-LLC-Series-2007-0046-580055>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.