Summary: FMSbonds Inc. (Series 2022-XF3037); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2022-XF3037); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2022-XF3037); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2022-XF3037); Residual Certificates; Tender Option Certificates/Bonds
Published Nov 07, 2022
5 pages (1931 words) — Published Nov 07, 2022
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Nov. 8, 2022 2022-XF3037 Leander Independent School District, Texas' series 2022 unlimited-tax general obligation school building bonds Barclays Bank PLC FMSbonds Inc. Barclays Capital Inc S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting its 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 the floaters reflects the ratings on the underlying securities and addresses full and timely interest-and-principal payments when

  
Brief Excerpt:

...Leander Independent School District, Texas' series 2022 unlimited-tax general obligation school building bonds...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2022-XF3037); Residual Certificates; Tender Option Certificates/Bonds" Nov 07, 2022. Alacra Store. May 03, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2022-XF3037-Residual-Certificates-Tender-Option-Certificates-Bonds-2913538>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2022-XF3037); Residual Certificates; Tender Option Certificates/Bonds Nov 07, 2022. New York, NY: Alacra Store. Retrieved May 03, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2022-XF3037-Residual-Certificates-Tender-Option-Certificates-Bonds-2913538>
  
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