Summary: FMSbonds Inc. (Series 2023-BAML8006); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2023-BAML8006); Joint Criteria

Summary: FMSbonds Inc. (Series 2023-BAML8006); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2023-BAML8006); Joint Criteria
Published Jan 19, 2023
6 pages (1955 words) — Published Jan 19, 2023
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Jan. 19, 2023 2023-BAML8006 Louisiana Public Facilities Authority's (the Touro Infirmary project) series 2015 hospital revenue and refunding bonds Bank of America N.A. FMSbonds Inc. BofA Securities Inc. Bank of America N.A. Weekly 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

  
Brief Excerpt:

...Louisiana Public Facilities Authority's (the Touro Infirmary project) series 2015 hospital revenue and refunding bonds...

  
Report Type:

Summary

Ticker
LASFAC
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2023-BAML8006); Joint Criteria" Jan 19, 2023. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2023-BAML8006-Joint-Criteria-2938790>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2023-BAML8006); Joint Criteria Jan 19, 2023. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2023-BAML8006-Joint-Criteria-2938790>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.