Summary: Illinois Fin Auth - S&P Global Ratings’ Credit Research

Summary: Illinois Fin Auth

Summary: Illinois Fin Auth - S&P Global Ratings’ Credit Research
Summary: Illinois Fin Auth
Published Sep 28, 2005
Published Sep 28, 2005
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PZ-80, relating to Illinois Finance Authority retirement housing revenue bonds (Regency Park at Lincolnwood Project) series B, are rated 'AAA/A-1'. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on a liquidity facility from Merrill Lynch Capital Services ('N.R.') and a liquidity guarantee from Merrill Lynch&Co. Inc. ('A-1'). The expiration date of the liquidity facility is Sept. 15, 2006.

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Illinois Fin Auth" Sep 28, 2005. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Fin-Auth-465830>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Illinois Fin Auth Sep 28, 2005. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Illinois-Fin-Auth-465830>
  
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