Summary: Loop Capital Markets LLC (Series 2025-XL0583); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Loop Capital Markets LLC (Series 2025-XL0583); Residual Certificates; Tender Option Certificates/Bonds

Summary: Loop Capital Markets LLC (Series 2025-XL0583); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Loop Capital Markets LLC (Series 2025-XL0583); Residual Certificates; Tender Option Certificates/Bonds
Published Jan 27, 2025
5 pages (1925 words) — Published Jan 27, 2025
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Jan. 27, 2025 2025-XL0583 Triborough Bridge&Tunnel Authority, N.Y.'s (Metropolitan Transportation Authority Bridges&Tunnels) series 2025A real estate transfer tax revenue bonds (Triborough Bridge&Tunnel Authority capital lockbox fund) JPMorgan Chase Bank N.A. Loop Capital Markets LLC J.P. Morgan Securities LLC Daily 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

  
Brief Excerpt:

...Triborough Bridge & Tunnel Authority, N.Y.'s (Metropolitan Transportation Authority Bridges & Tunnels) series 2025A real estate transfer tax revenue bonds (Triborough Bridge & Tunnel Authority capital lockbox fund)...

  
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 2025-XL0583); Residual Certificates; Tender Option Certificates/Bonds" Jan 27, 2025. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2025-XL0583-Residual-Certificates-Tender-Option-Certificates-Bonds-3314491>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Loop Capital Markets LLC (Series 2025-XL0583); Residual Certificates; Tender Option Certificates/Bonds Jan 27, 2025. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Loop-Capital-Markets-LLC-Series-2025-XL0583-Residual-Certificates-Tender-Option-Certificates-Bonds-3314491>
  
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