Summary: Loop Capital Markets LLC (Series 2022-XL0385); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Loop Capital Markets LLC (Series 2022-XL0385); Residual Certificates; Tender Option Certificates/Bonds

Summary: Loop Capital Markets LLC (Series 2022-XL0385); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Loop Capital Markets LLC (Series 2022-XL0385); Residual Certificates; Tender Option Certificates/Bonds
Published Jan 25, 2024
5 pages (1739 words) — Published Jan 25, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Jan. 25, 2024 2022-XL0385 New York City Municipal Water Finance Authority's fiscal series 2023AA-1 water-and-sewer-system second general resolution revenue bonds Wells Fargo Bank N.A. Loop Capital Markets LLC Wells Fargo Bank N.A. Weekly S&P Global Ratings affirmed the above-mentioned ratings on the floater and residual certificates (collectively the certificates), following the replacement of the liquidity provider to Wells Fargo Bank N.A. from Citibank N.A. The rating action reflects S&P Global Ratings' opinion of the likelihood that 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 the liquidity facility, which is in place to support

  
Brief Excerpt:

...New York City Municipal Water Finance Authority's fiscal series 2023AA-1 water-and-sewer-system second general resolution revenue bonds...

  
Report Type:

Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Loop Capital Markets LLC (Series 2022-XL0385); Residual Certificates; Tender Option Certificates/Bonds" Jan 25, 2024. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2022-XL0385-Residual-Certificates-Tender-Option-Certificates-Bonds-3117567>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Loop Capital Markets LLC (Series 2022-XL0385); Residual Certificates; Tender Option Certificates/Bonds Jan 25, 2024. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2022-XL0385-Residual-Certificates-Tender-Option-Certificates-Bonds-3117567>
  
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