Summary: FMSbonds Inc. (Series 2022-XFT1319); Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2022-XFT1319); Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2022-XFT1319); Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2022-XFT1319); Tender Option Certificates/Bonds
Published May 05, 2022
5 pages (1932 words) — Published May 05, 2022
Price US$ 225.00  |  Buy this Report Now

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Abstract:

May 5, 2022 2022-XFT1319 Metropolitan Transportation Authority, N.Y.'s series 2020A, 2020D, and 2020E (climate-bond-certified) transportation revenue refunding green bonds JPMorgan Chase Bank N.A. FMSbonds Inc. J.P. Morgan Securities LLC S&P Global Ratings assigned the above-mentioned ratings to the taxable floater notes (the notes), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the notes. 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 notes. The long-term component of our rating on the notes reflects our long-term rating on the underlying securities and addresses full and timely

  
Brief Excerpt:

... 2020A, 2020D, and 2020E (climate-bond-certified) transportation revenue refunding green bonds...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2022-XFT1319); Tender Option Certificates/Bonds" May 05, 2022. Alacra Store. May 08, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2022-XFT1319-Tender-Option-Certificates-Bonds-2834762>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2022-XFT1319); Tender Option Certificates/Bonds May 05, 2022. New York, NY: Alacra Store. Retrieved May 08, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2022-XFT1319-Tender-Option-Certificates-Bonds-2834762>
  
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