Summary: Loop Capital Markets LLC (Series 2023-XL0463); Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Loop Capital Markets LLC (Series 2023-XL0463); Tender Option Certificates/Bonds

Summary: Loop Capital Markets LLC (Series 2023-XL0463); Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Loop Capital Markets LLC (Series 2023-XL0463); Tender Option Certificates/Bonds
Published Aug 17, 2023
5 pages (1856 words) — Published Aug 17, 2023
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

August 17, 2023 2023-XL0463 Dormitory Authority of the State of New York Memorial Sloan Kettering Cancer Center revenue bonds, 2022 series 1-B Barclays Bank PLC Loop Capital Markets LLC Barclays Capital Inc. Weekly S&P Global Ratings assigned the above-mentioned ratings to the floater certificates (collectively, the certificates), reflecting its opinion of the likelihood 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 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:

...Dormitory Authority of the State of New York Memorial Sloan Kettering Cancer Center revenue bonds, 2022 series 1-B...

  
Report Type:

Summary

Ticker
2338Z
Issuer
Sector
Global Issuers, Public Finance, Structured Finance
Country
Region
Format:
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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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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Loop Capital Markets LLC (Series 2023-XL0463); Tender Option Certificates/Bonds" Aug 17, 2023. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2023-XL0463-Tender-Option-Certificates-Bonds-3043674>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Loop Capital Markets LLC (Series 2023-XL0463); Tender Option Certificates/Bonds Aug 17, 2023. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2023-XL0463-Tender-Option-Certificates-Bonds-3043674>
  
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