Summary: New York State   Loop Capital Markets LLC; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: New York State Loop Capital Markets LLC; Residual Certificates; Tender Option Certificates/Bonds

Summary: New York State   Loop Capital Markets LLC; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: New York State Loop Capital Markets LLC; Residual Certificates; Tender Option Certificates/Bonds
Published Oct 15, 2021
5 pages (1949 words) — Published Oct 15, 2021
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Closing date: Oct. 18, 2021 Series: 2021-XL0190 Underlying security: New York State Thruway Authority state personal income tax revenue bonds (Transportation) series 2021A-1 (tax exempt) Liquidity provider: Deutsche Bank AG (New York Branch) Administrative agent: Loop Capital Markets LLC Remarketing agent: Deutsche Bank Securities Inc. 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:

...Closing date: Oct. 18, 2021 Series: 2021-XL0190 Underlying security: New York State Thruway Authority state personal income tax revenue bonds (Transportation) series 2021A-1 (tax exempt) Liquidity provider: Deutsche Bank AG (New York Branch) Administrative agent: Loop Capital Markets LLC Remarketing agent: Deutsche Bank Securities Inc....

  
Report Type:

Summary

Issuer
Sector
Global Issuers, Public Finance
Country
Region
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MLA:
S&P Global Ratings’ Credit Research. "Summary: New York State Loop Capital Markets LLC; Residual Certificates; Tender Option Certificates/Bonds" Oct 15, 2021. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-York-State-Loop-Capital-Markets-LLC-Residual-Certificates-Tender-Option-Certificates-Bonds-2738937>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: New York State Loop Capital Markets LLC; Residual Certificates; Tender Option Certificates/Bonds Oct 15, 2021. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-York-State-Loop-Capital-Markets-LLC-Residual-Certificates-Tender-Option-Certificates-Bonds-2738937>
  
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