Summary: FMSbonds Inc. (Series 2025-XF3310); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2025-XF3310); Custodial Receipts; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2025-XF3310); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2025-XF3310); Custodial Receipts; Tender Option Certificates/Bonds
Published Feb 28, 2025
6 pages (1990 words) — Published Feb 28, 2025
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Feb. 28, 2025 2025-XF3310 Metropolitan Transportation Authority, N.Y.'s series 2020D transportation revenue green bonds (climate-bond certified) Build America Mutual Assurance Co. Barclays Bank PLC FMSbonds Inc. Barclays Capital Inc. Barclays Bank PLC Daily S&P Global Ratings assigned the above-mentioned ratings to the custody and floater certificates (collectively the certificates), reflecting its opinion of the likelihood the trust, as custody certificateholder, 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 custody certificates and liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody certificates reflects the higher of the rating on the

  
Brief Excerpt:

... 2020D transportation revenue green bonds (climate-bond certified)...

  
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Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
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MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2025-XF3310); Custodial Receipts; Tender Option Certificates/Bonds" Feb 28, 2025. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2025-XF3310-Custodial-Receipts-Tender-Option-Certificates-Bonds-3331052>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2025-XF3310); Custodial Receipts; Tender Option Certificates/Bonds Feb 28, 2025. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2025-XF3310-Custodial-Receipts-Tender-Option-Certificates-Bonds-3331052>
  
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