Summary: Societe Generale Municipal Securities Trust Receipts? Series 2001 SGA 131 Rating Lowered To 'AA+/A-1'; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Societe Generale Municipal Securities Trust Receipts? Series 2001 SGA 131 Rating Lowered To 'AA+/A-1'; Tender Option Certificates/Bonds

Summary: Societe Generale Municipal Securities Trust Receipts? Series 2001 SGA 131 Rating Lowered To 'AA+/A-1'; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Societe Generale Municipal Securities Trust Receipts? Series 2001 SGA 131 Rating Lowered To 'AA+/A-1'; Tender Option Certificates/Bonds
Published Nov 15, 2010
Published Nov 15, 2010
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services lowered its rating on Societe Generale Municipal Securities Trust Receipts' series 2001 SGA 131, relating to Austin's electric utility system revenue refunding bonds, to 'AA+/A-1' from 'AAA/A-1'. This action follows Standard&Poor's Oct. 25, 2010, downgrade of the rating on the underlying bond to 'AA+' from 'AAA'. The long-term component of the rating is based on the Assured Guaranty Municipal Corp.-insured underlying bond (CUSIP: 052414BD0). The ST rating is based on the Liquidity facility provided by Societe Generale. USPF Criteria: Secondary Market Derivative Products, June 27, 2007

  
Report Type:

Summary

Issuer
Austin
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Societe Generale Municipal Securities Trust Receipts? Series 2001 SGA 131 Rating Lowered To 'AA+/A-1'; Tender Option Certificates/Bonds" Nov 15, 2010. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Societe-Generale-Municipal-Securities-Trust-Receipts-Series-2001-SGA-131-Rating-Lowered-To-AA-A-1-Tender-Option-Certificates-Bonds-831644>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Societe Generale Municipal Securities Trust Receipts? Series 2001 SGA 131 Rating Lowered To 'AA+/A-1'; Tender Option Certificates/Bonds Nov 15, 2010. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Societe-Generale-Municipal-Securities-Trust-Receipts-Series-2001-SGA-131-Rating-Lowered-To-AA-A-1-Tender-Option-Certificates-Bonds-831644>
  
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