Summary: Loop Capital Markets LLC (Series 2021-XL0169); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Loop Capital Markets LLC (Series 2021-XL0169); Residual Certificates; Tender Option Certificates/Bonds

Summary: Loop Capital Markets LLC (Series 2021-XL0169); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Loop Capital Markets LLC (Series 2021-XL0169); Residual Certificates; Tender Option Certificates/Bonds
Published May 04, 2021
5 pages (1776 words) — Published May 04, 2021
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

May 5, 2021 2021-XL0169 Triborough Bridge&Tunnel Authority New York Payroll Mobility Tax (PMT) Senior-Lien bonds (Tax-Exempt) Series 2021A-1 Bank of America N.A. Loop Capital Markets LLC BofA Securities, Inc. S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively, the receipts), reflecting its 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. The long-term component of our rating on the floaters reflects the ratings on the underlying securities and addresses

  
Brief Excerpt:

...Triborough Bridge & Tunnel Authority New York Payroll Mobility Tax (PMT) Senior-Lien bonds (Tax-Exempt) Series 2021A-1...

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
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Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Loop Capital Markets LLC (Series 2021-XL0169); Residual Certificates; Tender Option Certificates/Bonds" May 04, 2021. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2021-XL0169-Residual-Certificates-Tender-Option-Certificates-Bonds-2640842>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Loop Capital Markets LLC (Series 2021-XL0169); Residual Certificates; Tender Option Certificates/Bonds May 04, 2021. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2021-XL0169-Residual-Certificates-Tender-Option-Certificates-Bonds-2640842>
  
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