Summary: Long-Term Ratings On Four RBC Municipal Products Inc. Certificates Lowered To 'AA'; On CreditWatch Negative; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Long-Term Ratings On Four RBC Municipal Products Inc. Certificates Lowered To 'AA'; On CreditWatch Negative; Residual Certificates; Tender Option Certificates/Bonds

Summary: Long-Term Ratings On Four RBC Municipal Products Inc. Certificates Lowered To 'AA'; On CreditWatch Negative; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Long-Term Ratings On Four RBC Municipal Products Inc. Certificates Lowered To 'AA'; On CreditWatch Negative; Residual Certificates; Tender Option Certificates/Bonds
Published Jul 07, 2009
Published Jul 07, 2009
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services lowered its long-term ratings on RBC Municipal Products Inc. series E-8, floater and residual certificates, relating to Minnesota Housing Finance Agency limited obligation bonds, draw-down series 2008-2 (AMT Refunding) and RBC Municipal Products Inc. floater and residual certificates, series E-9, relating to Minnesota Housing Finance Agency limited obligation bonds, draw-down series 2008-4 (Non-AMT New Authority), to 'AA' from 'AA+' and placed it on CreditWatch with negative implications. This action follows Standard&Poor's downgrade of the underlying bonds to 'AA' from 'AA+' and the placement of the rating on the bonds on CreditWatch with negative implications. USPF Criteria: "Secondary Market Derivative Products," June 27, 2007

  
Report Type:

Summary

Issuer
Minnesota Hsg Fin Agy
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Long-Term Ratings On Four RBC Municipal Products Inc. Certificates Lowered To 'AA'; On CreditWatch Negative; Residual Certificates; Tender Option Certificates/Bonds" Jul 07, 2009. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Long-Term-Ratings-On-Four-RBC-Municipal-Products-Inc-Certificates-Lowered-To-AA-On-CreditWatch-Negative-Residual-Certificates-Tender-Option-Certificates-Bonds-732323>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Long-Term Ratings On Four RBC Municipal Products Inc. Certificates Lowered To 'AA'; On CreditWatch Negative; Residual Certificates; Tender Option Certificates/Bonds Jul 07, 2009. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Long-Term-Ratings-On-Four-RBC-Municipal-Products-Inc-Certificates-Lowered-To-AA-On-CreditWatch-Negative-Residual-Certificates-Tender-Option-Certificates-Bonds-732323>
  
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