Summary: George K. Baum&Co. (Series 2017-XG0158 And 2017-XG0159); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: George K. Baum&Co. (Series 2017-XG0158 And 2017-XG0159); Residual Certificates; Tender Option Certificates/Bonds

Summary: George K. Baum&Co. (Series 2017-XG0158 And 2017-XG0159); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: George K. Baum&Co. (Series 2017-XG0158 And 2017-XG0159); Residual Certificates; Tender Option Certificates/Bonds
Published Dec 21, 2017
5 pages (1840 words) — Published Dec 21, 2017
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Dec. 21, 2017 2017-XG0158 Michigan Finance Authority's series 2017-MI-A hospital revenue and refunding bonds (Trinity Health Credit Group) 2017-XG0159 Philadelphia International Airport's series 2017B airport revenue and refunding bonds (alternative-minimum tax) Bank of America N.A. George K. Baum&Co. Merrill Lynch, Pierce, Fenner,&Smith Inc. S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting S&P Global Ratings' 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.

  
Brief Excerpt:

...Michigan Finance Authority's series 2017-MI-A hospital revenue and refunding bonds (Trinity Health Credit Group)...

  
Report Type:

Summary

Ticker
27822Z
Issuer
Sector
Global Issuers, Public Finance
Country
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MLA:
S&P Global Ratings’ Credit Research. "Summary: George K. Baum&Co. (Series 2017-XG0158 And 2017-XG0159); Residual Certificates; Tender Option Certificates/Bonds" Dec 21, 2017. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-George-K-Baum-Co-Series-2017-XG0158-And-2017-XG0159-Residual-Certificates-Tender-Option-Certificates-Bonds-1975316>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: George K. Baum&Co. (Series 2017-XG0158 And 2017-XG0159); Residual Certificates; Tender Option Certificates/Bonds Dec 21, 2017. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-George-K-Baum-Co-Series-2017-XG0158-And-2017-XG0159-Residual-Certificates-Tender-Option-Certificates-Bonds-1975316>
  
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