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 Mar 25, 2003
342 words — Published Mar 25, 2003
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Abstract:

The Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-1765, relating to Massachusetts Health and Education Facilities Authority revenue bonds (Massachusetts Institute of Technology issue) series K, is rated 'AAA/A-1+'. The long-term component of the rating is based on the FSA-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from WestLB AG, and the expiration date of the liquidity facility is March 15, 2004.

  
Brief Excerpt:

RESEARCH Summary: Massachusetts Inst of Tech Publication date: 25-Mar-2003 Credit Profile $31.285 mil put fltg opt tax-ex rcpts ser PT-1765 re MA Hlth & Ed Facs Auth rev bnds MA Inst of Tech Issue ser K ###/A-1+ Sale date: 20-MAR-2003...

  
Report Type:

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" Mar 25, 2003. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Inst-of-Tech-304496>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Massachusetts Inst of Tech Mar 25, 2003. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Inst-of-Tech-304496>
  
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