Summary: Mesirow Financial Inc. (Series 2023-XM1097); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Mesirow Financial Inc. (Series 2023-XM1097); Residual Certificates; Tender Option Certificates/Bonds

Summary: Mesirow Financial Inc. (Series 2023-XM1097); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Mesirow Financial Inc. (Series 2023-XM1097); Residual Certificates; Tender Option Certificates/Bonds
Published Jan 25, 2023
5 pages (1936 words) — Published Jan 25, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Jan. 26, 2023 2023-XM1097 Omaha Public Power District, Neb.'s (Nebraska) series 2022A electric system revenue bonds UBS AG, acting through its Stamford branch Mesirow Financial Inc. UBS Financial Services Inc. Weekly 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 our rating on the floaters reflects the ratings on the underlying securities and addresses

  
Brief Excerpt:

...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...

  
Report Type:

Summary

Ticker
2773Z
Issuer
Sector
Global Issuers, Public Finance
Country
Region
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Mesirow Financial Inc. (Series 2023-XM1097); Residual Certificates; Tender Option Certificates/Bonds" Jan 25, 2023. Alacra Store. May 07, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Mesirow-Financial-Inc-Series-2023-XM1097-Residual-Certificates-Tender-Option-Certificates-Bonds-2941018>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Mesirow Financial Inc. (Series 2023-XM1097); Residual Certificates; Tender Option Certificates/Bonds Jan 25, 2023. New York, NY: Alacra Store. Retrieved May 07, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Mesirow-Financial-Inc-Series-2023-XM1097-Residual-Certificates-Tender-Option-Certificates-Bonds-2941018>
  
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