Summary: FMSbond Inc. (Series 2015-XF0097); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbond Inc. (Series 2015-XF0097); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbond Inc. (Series 2015-XF0097); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbond Inc. (Series 2015-XF0097); Residual Certificates; Tender Option Certificates/Bonds
Published Sep 28, 2017
3 pages (999 words) — Published Sep 28, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings withdrew its ratings on FMSbond Inc.'s tender-option bond trust series 2015-XF0097 trust puttable floating-rate receipts (floaters) and inverse-floating-rate receipts (residuals) related to New York City Municipal Water Finance Authority's series GG-1 water and sewer system revenue bonds. This action follows the substitution of one of the underlying bonds held in trust with a new underlying bond we do not currently rate.

  
Brief Excerpt:

...Primary Credit Analyst: Joseph J Mckeever, New York (212) 438-2260; joseph.mckeever@spglobal.com Secondary Contact: Alexander J Gombach, New York (1) 212-438-2882; alexander.gombach@spglobal.com Research Assistant: Joshua C Saunders, Chicago...

  
Report Type:

Summary

Issuer
New York City Municipal Water Finance Authority
Sector
Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbond Inc. (Series 2015-XF0097); Residual Certificates; Tender Option Certificates/Bonds" Sep 28, 2017. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbond-Inc-Series-2015-XF0097-Residual-Certificates-Tender-Option-Certificates-Bonds-1923261>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbond Inc. (Series 2015-XF0097); Residual Certificates; Tender Option Certificates/Bonds Sep 28, 2017. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbond-Inc-Series-2015-XF0097-Residual-Certificates-Tender-Option-Certificates-Bonds-1923261>
  
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