Summary: Port of Oakland, CA - S&P Global Ratings’ Credit Research

Summary: Port of Oakland, CA

Summary: Port of Oakland, CA - S&P Global Ratings’ Credit Research
Summary: Port of Oakland, CA
Published Aug 19, 2002
322 words — Published Aug 19, 2002
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Abstract:

The Merrill Lynch Puttable FLOATs/RITES Trust Puttable floating option tax-exempt receipts series PA-1053, relating to Port of Oakland revenue bonds 2002 series L, is rated 'AAA/A-1+'. The long-term component of the rating is based on the FGIC-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from Merrill Lynch&Co. Inc., and the expiration date of the liquidity facility is May 1, 2026.

  
Brief Excerpt:

RESEARCH Summary: Port of Oakland, CA Publication date: 19-Aug-2002 Credit Profile $15.1 mil muni debt muni issue ser PA-1053 due 2032 ###/A-1+ Sale date: 15-AUG-2002 Rationale The Merrill Lynch Puttable FLOATs/RITES Trust Puttable floating...

  
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: Port of Oakland, CA" Aug 19, 2002. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Port-of-Oakland-CA-260595>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Port of Oakland, CA Aug 19, 2002. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Port-of-Oakland-CA-260595>
  
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