Summary: RBC Capital Markets Series C-5 - S&P Global Ratings’ Credit Research

Summary: RBC Capital Markets Series C-5

Summary: RBC Capital Markets Series C-5 - S&P Global Ratings’ Credit Research
Summary: RBC Capital Markets Series C-5
Published Aug 01, 2007
4 pages (1822 words) — Published Aug 01, 2007
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'AA-/A-1+' and 'AA-' ratings to RBC Capital Markets municipal floater certificates and residual certificates, issued under RBC Municipal Products Inc. Trust Series C-5, relating to Allegheny County Hospital Development Authority University of Pittsburgh Medical Center revenue bonds subseries 2007 B-2. The long-term component of the rating is based on the 'AA-' rated trust receipts with respect to the Allegheny County Hospital Development Authority University of Pittsburgh Medical Center revenue bonds subseries 2007 B-2. The long-term component of the series C-2 certificates rating is based on the trust receipts, series 2007-5. The short-term component of the rating is based on a liquidity facility provided by Royal Bank of Canada (AA-/A-1+). In addition, Standard&

  
Brief Excerpt:

...Standard & Poor's Ratings Services assigned its '##-/A-1+' and '##-' ratings to RBC Capital Markets municipal floater certificates and residual certificates, issued under RBC Municipal Products Inc. Trust Series C-5, relating to Allegheny County Hospital Development Authority University of Pittsburgh Medical Center revenue bonds subseries 2007 B-2. The long-term component of the rating is based on the '##-' rated trust receipts with respect to the Allegheny County Hospital Development Authority University of Pittsburgh Medical Center revenue bonds subseries 2007 B-2. The long-term component of the series C-2 certificates rating is based on the trust receipts, series 2007-5. The short-term component of the rating is based on a liquidity facility provided by Royal Bank of Canada (##-/A-1+). In addition, Standard & Poor's assigned its '##-' rating to the RBC trust receipts, relating to the underlying bonds for Allegheny County Hospital Development Authority University of Pittsburgh Medical...

  
Report Type:

Summary

Issuer
Allegheny Cnty Hosp Dev Auth
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

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.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: RBC Capital Markets Series C-5" Aug 01, 2007. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-RBC-Capital-Markets-Series-C-5-2309283>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: RBC Capital Markets Series C-5 Aug 01, 2007. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-RBC-Capital-Markets-Series-C-5-2309283>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.