Summary: FMSbonds Inc. (Series 2019-XF0788D); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2019-XF0788D); Joint Criteria

Summary: FMSbonds Inc. (Series 2019-XF0788D); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2019-XF0788D); Joint Criteria
Published Sep 05, 2019
6 pages (1953 words) — Published Sep 05, 2019
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Abstract:

Sept. 5, 2019 2019-XF0788D Montgomery County Higher Education&Health Authority, Pa.'s (Thomas Jefferson University) series 2019 revenue bonds Bank of America N.A. FMSbonds Inc. BofA Securities Inc. Bank of America N.A. S&P Global Ratings assigned the above-mentioned ratings to the custody and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receipt holder, 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 liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings on

  
Brief Excerpt:

...Certain terms used in this report, particularly certain adjectives used to express our view on rating relevant factors, have specific meanings ascribed WWW.STANDARDANDPOORS.COM/RATINGSXPRESS SEPTEMBER 5, 2019 4...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2019-XF0788D); Joint Criteria" Sep 05, 2019. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2019-XF0788D-Joint-Criteria-2294039>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2019-XF0788D); Joint Criteria Sep 05, 2019. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2019-XF0788D-Joint-Criteria-2294039>
  
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