Summary: Ribco Trust Series 2008-P2W - S&P Global Ratings’ Credit Research

Summary: Ribco Trust Series 2008-P2W

Summary: Ribco Trust Series 2008-P2W - S&P Global Ratings’ Credit Research
Summary: Ribco Trust Series 2008-P2W
Published Jan 23, 2008
618 words — Published Jan 23, 2008
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Abstract:

Ribco Trust floating rate trust receipts series 2008-P2W are rated 'AAA/A-1'. The long-term component of the rating is based on the 'AAA' rated Georgia Housing and Finance Authority single family mortgage bonds series 2007 D, subseries D-2. The short-term component of the rating is based on a liquidity facility provided by Lehman Liquidity Co. LLC secured by a line of credit from Lehman Brothers Holdings Inc. expiring Dec. 1, 2037. Ribco Trust residual interest trust receipts series 2008-P2W are rated 'AAA'. The rating is based on the 'AAA' rated Georgia Housing and Finance Authority single family mortgage bonds series 2007 D, subseries D-2. The series trust agreement amends the definition of liquidity facility termination event of the standard terms and

  
Brief Excerpt:

RESEARCH Summary: Ribco Trust Series 2008-P2W Publication date: 23-Jan-2008 Primary Credit Analyst: Jeffrey Previdi, New York (1) 212-438-1796; jeff_previdi@standardandpoors.com Secondary Credit Analyst: Chi W Tang, New York (1) 212-438-7989;...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Ribco Trust Series 2008-P2W" Jan 23, 2008. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ribco-Trust-Series-2008-P2W-627160>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Ribco Trust Series 2008-P2W Jan 23, 2008. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Ribco-Trust-Series-2008-P2W-627160>
  
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