Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To 'AA-' And  'AA-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To 'AA-' And 'AA-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds

Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To 'AA-' And  'AA-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To 'AA-' And 'AA-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds
Published Aug 07, 2009
528 words — Published Aug 07, 2009
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Abstract:

Standard&Poor's Ratings Services lowered its ratings on four RBC Municipal Products Inc. issues to 'AA-' and 'AA-/A-1+' from 'AA' and 'AA/A-1+', respectively, and subsequently removed them from CreditWatch with negative implications. This action follows Standard&Poor's downgrade of the underlying bonds to 'AA-' from 'AA' and subsequent removal of the ratings on the bonds from CreditWatch with negative implications. USPF Criteria: "Secondary Market Derivative Products," June 27, 2007

  
Brief Excerpt:

RESEARCH Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To '##-' And '##-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds Publication date: 07-Aug-2009 Primary Credit Analyst: Chi W Tang, New York...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To 'AA-' And 'AA-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds" Aug 07, 2009. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ratings-On-Four-RBC-Municipal-Products-Inc-Issues-Lowered-To-AA-And-AA-A-1-Residual-Certificates-Tender-Option-Certificates-Bonds-738717>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Ratings On Four RBC Municipal Products Inc. Issues Lowered To 'AA-' And 'AA-/A-1+'; Residual Certificates; Tender Option Certificates/Bonds Aug 07, 2009. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ratings-On-Four-RBC-Municipal-Products-Inc-Issues-Lowered-To-AA-And-AA-A-1-Residual-Certificates-Tender-Option-Certificates-Bonds-738717>
  
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