Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-VRS101); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-VRS101); Custodial Receipts; Tender Option Certificates/Bonds

Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-VRS101); Custodial Receipts; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-VRS101); Custodial Receipts; Tender Option Certificates/Bonds
Published Feb 25, 2025
6 pages (2026 words) — Published Feb 25, 2025
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Feb. 25, 2025 2025-VRS101 National Finance Authority, N.H. Tallahassee, Fla.'s (the Tallahassee Memorial HealthCare Inc. project) series 2016B health facilities revenue bonds Bank of America N.A. Stifel, Nicolaus&Co. Inc. BofA Securities Inc. Bank of America N.A. Daily S&P Global Ratings assigned the above-mentioned ratings to the custody receipts and class A tender certificates (collectively the receipts), reflecting its opinion of the likelihood the issuer, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the certificates. Issuer assets include all distributions of principal; interest; and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on the certificates. The long-term rating on the

  
Brief Excerpt:

...Tallahassee, Fla.'s (the Tallahassee Memorial HealthCare Inc. project) series 2016B health facilities revenue bonds...

  
Report Type:

Summary

Issuer
National Finance Authority
Sector
Global Issuers, Public Finance
Country
Region
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-VRS101); Custodial Receipts; Tender Option Certificates/Bonds" Feb 25, 2025. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Inc-Series-2025-VRS101-Custodial-Receipts-Tender-Option-Certificates-Bonds-3328628>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-VRS101); Custodial Receipts; Tender Option Certificates/Bonds Feb 25, 2025. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Inc-Series-2025-VRS101-Custodial-Receipts-Tender-Option-Certificates-Bonds-3328628>
  
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