Summary: FMSbonds Inc. (Series 2016-ZF0456, 2016-ZF0457, And 2016-ZF0458); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2016-ZF0456, 2016-ZF0457, And 2016-ZF0458); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2016-ZF0456, 2016-ZF0457, And 2016-ZF0458); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2016-ZF0456, 2016-ZF0457, And 2016-ZF0458); Residual Certificates; Tender Option Certificates/Bonds
Published Jun 13, 2016
Published Jun 13, 2016
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA+/A-1+' and 'AA+' ratings to FMSbonds Inc.'s tender-option bond series 2016-ZF0456 trusts puttable floating-rate receipts (floaters) and inverse floating-rate receipts (residuals), respectively, related to San Antonio, Texas' series 2012 public facilities corporation improvement and refunding lease bonds. In addition, S&P Global Ratings assigned its 'AA+/A-1+' and 'AA+' ratings to FMSbonds' tender-option bond series 2016-ZF0457 trusts floaters and residuals, respectively, related to Michigan State University Board of Trustees' series 2013A bonds. Finally, S&P Global Ratings assigned its 'A+/A-1' and 'A+' ratings to FMSbonds' tender-option bond series 2016-ZF0458 trusts floaters and residuals, respectively, related to Wayne State University Board of Governors, Mich.'s series 2013A bonds. The long-term component of the rating on the floaters and residuals reflects

  
Report Type:

Summary

Ticker
2870Z
Issuer
San Antonio
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2016-ZF0456, 2016-ZF0457, And 2016-ZF0458); Residual Certificates; Tender Option Certificates/Bonds" Jun 13, 2016. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2016-ZF0456-2016-ZF0457-And-2016-ZF0458-Residual-Certificates-Tender-Option-Certificates-Bonds-1655117>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2016-ZF0456, 2016-ZF0457, And 2016-ZF0458); Residual Certificates; Tender Option Certificates/Bonds Jun 13, 2016. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2016-ZF0456-2016-ZF0457-And-2016-ZF0458-Residual-Certificates-Tender-Option-Certificates-Bonds-1655117>
  
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$  £  €
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