Summary: FMSbonds Inc. (Series 2019-XF0743); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2019-XF0743); Joint Criteria

Summary: FMSbonds Inc. (Series 2019-XF0743); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2019-XF0743); Joint Criteria
Published Oct 17, 2022
6 pages (2215 words) — Published Oct 17, 2022
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Abstract:

Oct. 17, 2022 2019-XF0743 South Carolina Jobs-Economic Development Authority's (Prisma Health Obligated Group) series 2018A hospital revenue bonds Bank of America N.A. FMSbonds Inc. BofA Securities Inc. Deutsche Bank AG, acting through its New York branch S&P Global Ratings lowered the above-mentioned long-term ratings on the custody, floater, and residual receipts (collectively the receipts), following the replacement of the credit provider. The ratings reflect S&P Global Ratings' opinion of the likelihood the trust, as custody receiptholder, 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 custody receipts and the liquidity facility, which is in place to support tender payments

  
Brief Excerpt:

... (Prisma Health Obligated Group) series 2018A hospital revenue bonds...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2019-XF0743); Joint Criteria" Oct 17, 2022. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2019-XF0743-Joint-Criteria-2904013>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2019-XF0743); Joint Criteria Oct 17, 2022. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2019-XF0743-Joint-Criteria-2904013>
  
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