Summary: Stifel, Nicolaus&Co. (Series 2022-XG0422); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: Stifel, Nicolaus&Co. (Series 2022-XG0422); Joint Criteria

Summary: Stifel, Nicolaus&Co. (Series 2022-XG0422); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: Stifel, Nicolaus&Co. (Series 2022-XG0422); Joint Criteria
Published Dec 09, 2022
5 pages (1961 words) — Published Dec 09, 2022
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Abstract:

Dec. 8, 2022 2022-XG0422 Hamilton County, Ohio's (UC Health) series 2020 hospital facilities revenue bonds Royal Bank of Canada, a Canadian-chartered bank, acting through its New York branch Stifel, Nicolaus&Co. RBC Capital Markets LLC Weekly S&P Global Ratings assigned the above-mentioned ratings to the floater, residual, and custodial 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 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

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the floater, residual, and custodial 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 the...

  
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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-XG0422); Joint Criteria" Dec 09, 2022. Alacra Store. May 02, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Series-2022-XG0422-Joint-Criteria-2927915>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stifel, Nicolaus&Co. (Series 2022-XG0422); Joint Criteria Dec 09, 2022. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Series-2022-XG0422-Joint-Criteria-2927915>
  
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