Summary: FMSbonds Inc. (Series 2022-XF3062); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2022-XF3062); Joint Criteria

Summary: FMSbonds Inc. (Series 2022-XF3062); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2022-XF3062); Joint Criteria
Published Nov 28, 2022
6 pages (2004 words) — Published Nov 28, 2022
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Nov. 22, 2022 2022-XF3062 Washington Health Care Facilities Authority's (MultiCare Health System) series 2015B revenue refunding bonds Barclays Bank PLC FMSbonds Inc. Barclays Capital Inc. Barclays Bank PLC S&P Global Ratings assigned the above-mentioned ratings to the custody and floater receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the floater 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 the underlying securities and

  
Brief Excerpt:

...Washington Health Care Facilities Authority's (MultiCare Health System) series 2015B revenue refunding bonds...

  
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Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2022-XF3062); Joint Criteria" Nov 28, 2022. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2022-XF3062-Joint-Criteria-2922409>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2022-XF3062); Joint Criteria Nov 28, 2022. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2022-XF3062-Joint-Criteria-2922409>
  
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