Summary: Massachusetts Inst of Tech - S&P Global Ratings’ Credit Research

Summary: Massachusetts Inst of Tech

Summary: Massachusetts Inst of Tech - S&P Global Ratings’ Credit Research
Summary: Massachusetts Inst of Tech
Published Apr 01, 2002
323 words — Published Apr 01, 2002
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Abstract:

The Merrill Lynch Puttable FLOATs/RITES Trust Series PT-623, Relating to Massachusetts Health and Educational Facilities Authority, Revenue Bonds, Massachusetts Institute of Technology Issue, Series K, are rated 'AAA/A-1'. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on a liquidity LOC guarantee from Bayerische Hypo-und Vereinsbank AG, and the expiration date of the liquidity facility is March 15, 2003.

  
Brief Excerpt:

RESEARCH Summary: Massachusetts Inst of Tech Publication date: 01-Apr-2002 Credit Profile $12.1 mil muni debt muni issue ser PT-623 due 2026 ###/A-1 Sale date: 28-MAR-2002 Rationale The Merrill Lynch Puttable FLOATs/RITES Trust Series...

  
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Summary

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Global Issuers, Public Finance
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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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MLA:
S&P Global Ratings’ Credit Research. "Summary: Massachusetts Inst of Tech" Apr 01, 2002. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Inst-of-Tech-238367>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Massachusetts Inst of Tech Apr 01, 2002. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Inst-of-Tech-238367>
  
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