Summary: Ribco Trust   Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Ribco Trust Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds

Summary: Ribco Trust   Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Ribco Trust Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds
Published Apr 18, 2012
Published Apr 18, 2012
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Abstract:

Standard&Poor's Ratings Services has assigned its 'AA/A-1' rating to Ribco Trust's floating-rate trust receipts (floater-TRs), series 2006 FR-K56. The long-term component of the rating is based on the National Public Finance Guarantee Corp.-insured underlying bonds, Los Angeles Harbor Department, Calif.'s refunding revenue bonds, 2006 series B (AMT). The short-term component of the rating is based on a liquidity facility provided by Citibank N.A. expiring June 15, 2012. In addition, Standard&Poor's assigned its 'AA' rating to Ribco Trust's residual interest trust receipts (RI-TRs), series 2006 RI-K56. The rating is based on the National Public Finance Guarantee Corp.-insured underlying bonds, Los Angeles Harbor Department, Calif.'s refunding revenue bonds, 2006 series B (AMT). SEC Rule 17g-7 requires an NRSRO,

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Ribco Trust Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds" Apr 18, 2012. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ribco-Trust-Los-Angeles-Harbor-Department-California-Residual-Certificates-Tender-Option-Certificates-Bonds-959052>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Ribco Trust Los Angeles Harbor Department, California; Residual Certificates; Tender Option Certificates/Bonds Apr 18, 2012. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ribco-Trust-Los-Angeles-Harbor-Department-California-Residual-Certificates-Tender-Option-Certificates-Bonds-959052>
  
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