Summary: Stifel, Nicolaus&Co. (Series 2022-XG0433); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: Stifel, Nicolaus&Co. (Series 2022-XG0433); Residual Certificates; Tender Option Certificates/Bonds

Summary: Stifel, Nicolaus&Co. (Series 2022-XG0433); Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: Stifel, Nicolaus&Co. (Series 2022-XG0433); Residual Certificates; Tender Option Certificates/Bonds
Published Jan 03, 2023
6 pages (1970 words) — Published Jan 03, 2023
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Dec. 21, 2022 2022-XG0433 Michigan Finance Authority Hospital Revenue and Refunding Bonds (Trinity Health Credit Group) series A 2017-MI JPMorgan Chase Bank, N.A. Stifel, Nicolaus,&Company, Incorporated 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 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

  
Brief Excerpt:

...Michigan Finance Authority Hospital Revenue and Refunding Bonds (Trinity Health Credit Group) series A 2017-MI...

  
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Summary

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Stifel, Nicolaus&Co. (Series 2022-XG0433); Residual Certificates; Tender Option Certificates/Bonds" Jan 03, 2023. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Series-2022-XG0433-Residual-Certificates-Tender-Option-Certificates-Bonds-2933171>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stifel, Nicolaus&Co. (Series 2022-XG0433); Residual Certificates; Tender Option Certificates/Bonds Jan 03, 2023. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-Series-2022-XG0433-Residual-Certificates-Tender-Option-Certificates-Bonds-2933171>
  
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