Summary: FMSbonds Inc. (Series 2023-ZF3191); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2023-ZF3191); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2023-ZF3191); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2023-ZF3191); Residual Certificates; Tender Option Certificates/Bonds
Published Nov 09, 2023
5 pages (1927 words) — Published Nov 09, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Nov. 9, 2023 2023-ZF3191 Omaha Public Power District, Neb.'s (Nebraska) fiscal series 2023A electric system revenue bonds Morgan Stanley Bank N.A. FMSbonds Inc. Morgan Stanley&Co. LLC Weekly S&P Global Ratings assigned the above-mentioned ratings to the floater and residual certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. 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

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the floater and residual certificates (collectively the certificates), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the certificates. 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....

  
Report Type:

Summary

Ticker
2773Z
Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2023-ZF3191); Residual Certificates; Tender Option Certificates/Bonds" Nov 09, 2023. Alacra Store. May 07, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2023-ZF3191-Residual-Certificates-Tender-Option-Certificates-Bonds-3086990>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2023-ZF3191); Residual Certificates; Tender Option Certificates/Bonds Nov 09, 2023. New York, NY: Alacra Store. Retrieved May 07, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2023-ZF3191-Residual-Certificates-Tender-Option-Certificates-Bonds-3086990>
  
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