Summary: FMSbonds Inc. (Series 2025-XF3313); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: FMSbonds Inc. (Series 2025-XF3313); Residual Certificates; Tender Option Certificates/Bonds

Summary: FMSbonds Inc. (Series 2025-XF3313); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: FMSbonds Inc. (Series 2025-XF3313); Residual Certificates; Tender Option Certificates/Bonds
Published Mar 06, 2025
5 pages (1890 words) — Published Mar 06, 2025
Price US$ 225.00  |  Buy this Report Now

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Abstract:

March 6, 2025 2025-XF3313 Massachusetts Development Finance Agency's (Boston University) series 2025B-2 refunding revenue bonds Barclays Bank PLC FMSbonds Inc. Barclays Capital Inc. 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 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 timely interest-and-principal payments when certificateholders have

  
Brief Excerpt:

... University) series 2025B-2 refunding revenue bonds...

  
Report Type:

Summary

Ticker
32612Z
Issuer
GICS
Specialized Finance (40201040)
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: FMSbonds Inc. (Series 2025-XF3313); Residual Certificates; Tender Option Certificates/Bonds" Mar 06, 2025. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2025-XF3313-Residual-Certificates-Tender-Option-Certificates-Bonds-3334475>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: FMSbonds Inc. (Series 2025-XF3313); Residual Certificates; Tender Option Certificates/Bonds Mar 06, 2025. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-FMSbonds-Inc-Series-2025-XF3313-Residual-Certificates-Tender-Option-Certificates-Bonds-3334475>
  
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