Summary: FMSbonds Inc. (Series 2023-XF1652); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2023-XF1652); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2023-XF1652); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2023-XF1652); Residual Certificates; Tender Option Certificates/Bonds
Published Nov 08, 2023
5 pages (1939 words) — Published Nov 08, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Nov. 8, 2023 2023-XF1652 Triborough Bridge&Tunnel Authority's series 2023A sales tax revenue bonds (Triborough Bridge&Tunnel Authority capital lockbox - city sales tax) The Toronto-Dominion Bank, acting through its New York branch FMSbonds Inc. TD Securities (USA) LLC Weekly 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

  
Brief Excerpt:

...Triborough Bridge & Tunnel Authority's series 2023A sales tax revenue bonds (Triborough Bridge & Tunnel Authority capital lockbox - city sales tax)...

  
Report Type:

Summary

Issuer
Triborough Bridge&Tunnel Authority
Sector
Public Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2023-XF1652); Residual Certificates; Tender Option Certificates/Bonds" Nov 08, 2023. Alacra Store. May 15, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2023-XF1652-Residual-Certificates-Tender-Option-Certificates-Bonds-3086315>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2023-XF1652); Residual Certificates; Tender Option Certificates/Bonds Nov 08, 2023. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2023-XF1652-Residual-Certificates-Tender-Option-Certificates-Bonds-3086315>
  
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