Summary: Pennsylvania Hsg Fin Agy - S&P Global Ratings’ Credit Research

Summary: Pennsylvania Hsg Fin Agy

Summary: Pennsylvania Hsg Fin Agy - S&P Global Ratings’ Credit Research
Summary: Pennsylvania Hsg Fin Agy
Published Apr 01, 2002
443 words — Published Apr 01, 2002
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Abstract:

The Merrill Lynch Puttable FLOATs/RITES Trust Series PA-989R, relating to Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, are rated 'AA+/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 guarantee provided by Merrill Lynch&Co. Inc. until March 15, 2003. The Merrill Lynch&Co. Inc. Residual Interest Tax-Exempt Securities Receipts Series PA-989R, relating to Pennsylvania Housing Finance Agency, Single Family Mortgage Revenue Bonds, are rated 'AA+'. The long-term component of the rating is based on the underlying bond.

  
Brief Excerpt:

RESEARCH Summary: Pennsylvania Hsg Fin Agy Publication date: 01-Apr-2002 Credit Profile $1.4 mil muni debt muni issue ser PA-989R-C due 2005 ##+ Sale date: 28-MAR-2002 $1.5 mil muni debt muni issue ser PA-989R-B due 2006 ##+ Sale date:...

  
Report Type:

Summary

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Sector
Global Issuers, Public Finance
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Region
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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: Pennsylvania Hsg Fin Agy" Apr 01, 2002. Alacra Store. May 22, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Pennsylvania-Hsg-Fin-Agy-238373>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Pennsylvania Hsg Fin Agy Apr 01, 2002. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Pennsylvania-Hsg-Fin-Agy-238373>
  
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