Summary: FMSbonds Inc. (Series 2017-XF2498 And 2017-XF2499); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2017-XF2498 And 2017-XF2499); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2017-XF2498 And 2017-XF2499); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2017-XF2498 And 2017-XF2499); Residual Certificates; Tender Option Certificates/Bonds
Published Sep 27, 2017
5 pages (1875 words) — Published Sep 27, 2017
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Sept. 26, 2017 2017-XF2498 Metropolitan Transportation Authority, N.Y. subseries 2016A-1 transportation revenue green bonds (climate bond certified) 2017-XF2499 Metropolitan Transportation Authority, N.Y. subseries 2017B-1 dedicated tax fund green bonds (climate bond certified) Citibank N.A. FMSbonds Inc. Citigroup Global Markets Inc. S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting S&P Global Ratings' opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the receipts. 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

  
Brief Excerpt:

... 2016A-1 transportation revenue green bonds (climate bond certified)...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2017-XF2498 And 2017-XF2499); Residual Certificates; Tender Option Certificates/Bonds" Sep 27, 2017. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2017-XF2498-And-2017-XF2499-Residual-Certificates-Tender-Option-Certificates-Bonds-1922106>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2017-XF2498 And 2017-XF2499); Residual Certificates; Tender Option Certificates/Bonds Sep 27, 2017. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2017-XF2498-And-2017-XF2499-Residual-Certificates-Tender-Option-Certificates-Bonds-1922106>
  
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