Summary: FMS Bonds Inc., Florida (Series 2023-XF3117); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMS Bonds Inc., Florida (Series 2023-XF3117); Custodial Receipts; Tender Option Certificates/Bonds

Summary: FMS Bonds Inc., Florida (Series 2023-XF3117); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMS Bonds Inc., Florida (Series 2023-XF3117); Custodial Receipts; Tender Option Certificates/Bonds
Published Jun 06, 2023
5 pages (1885 words) — Published Jun 06, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

June 1, 2023 2023-XF3117 Public Finance Authority Senior Care Revenue Bonds (Village Point Project), Series 2023 Barclays Bank PLC FMS Bonds Inc. Barclays Capital Inc. Daily S&P Global Ratings assigned the above-mentioned ratings to the floater and custodial certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the credit enhancement provider and addresses full and timely interest-and-principal

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the floater and custodial certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and the...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMS Bonds Inc., Florida (Series 2023-XF3117); Custodial Receipts; Tender Option Certificates/Bonds" Jun 06, 2023. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMS-Bonds-Inc-Florida-Series-2023-XF3117-Custodial-Receipts-Tender-Option-Certificates-Bonds-2997302>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMS Bonds Inc., Florida (Series 2023-XF3117); Custodial Receipts; Tender Option Certificates/Bonds Jun 06, 2023. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMS-Bonds-Inc-Florida-Series-2023-XF3117-Custodial-Receipts-Tender-Option-Certificates-Bonds-2997302>
  
US$ 225.00
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