Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-XG0597); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-XG0597); Residual Certificates; Tender Option Certificates/Bonds

Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-XG0597); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-XG0597); Residual Certificates; Tender Option Certificates/Bonds
Published Jan 22, 2025
5 pages (1921 words) — Published Jan 22, 2025
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Jan. 23, 2025 2025-XG0597 Denver City&County's (Denver Department of Aviation) series 2022D airport system revenue bonds (alternative-minimum tax) JPMorgan Chase Bank N.A. Stifel, Nicolaus&Co. Inc. J.P. Morgan Securities LLC Weekly S&P Global Ratings assigned the above-mentioned ratings to the floater and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust will have sufficient assets to pay timely interest and full principal when due on the receipts. Trust assets include all distributions of principal; interest; and premiums, if any, from the underlying securities and liquidity facility, which is in place to support tender payments on the floaters. The long-term component of our rating on the floaters reflects the ratings on the underlying securities

  
Brief Excerpt:

...Denver City & County's (Denver Department of Aviation) series 2022D airport system revenue bonds (alternative-minimum tax)...

  
Report Type:

Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-XG0597); Residual Certificates; Tender Option Certificates/Bonds" Jan 22, 2025. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Inc-Series-2025-XG0597-Residual-Certificates-Tender-Option-Certificates-Bonds-3312009>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stifel, Nicolaus&Co. Inc. (Series 2025-XG0597); Residual Certificates; Tender Option Certificates/Bonds Jan 22, 2025. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Inc-Series-2025-XG0597-Residual-Certificates-Tender-Option-Certificates-Bonds-3312009>
  
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