Summary: Stifel, Nicolaus&Co. (Series 2022-XG0407); Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Stifel, Nicolaus&Co. (Series 2022-XG0407); Tender Option Certificates/Bonds

Summary: Stifel, Nicolaus&Co. (Series 2022-XG0407); Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Stifel, Nicolaus&Co. (Series 2022-XG0407); Tender Option Certificates/Bonds
Published Sep 28, 2022
5 pages (1849 words) — Published Sep 28, 2022
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Sept. 28, 2022 2022-XG0407 Montgomery County Higher Education&Health Authority, Pa.'s (South Carolina Public Service Authority) series 2022B tax-exempt revenue refunding obligations Barclays Bank PLC Stifel, Nicolaus&Co. Barclays Capital Inc. S&P Global Ratings assigned the above-mentioned ratings to the floater 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 the 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 and addresses full and timely

  
Brief Excerpt:

...Montgomery County Higher Education & Health Authority, Pa.'s (South Carolina Public Service Authority) series 2022B tax-exempt revenue refunding obligations...

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Stifel, Nicolaus&Co. (Series 2022-XG0407); Tender Option Certificates/Bonds" Sep 28, 2022. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Series-2022-XG0407-Tender-Option-Certificates-Bonds-2897139>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stifel, Nicolaus&Co. (Series 2022-XG0407); Tender Option Certificates/Bonds Sep 28, 2022. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Series-2022-XG0407-Tender-Option-Certificates-Bonds-2897139>
  
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