Summary: Temple Indpt Sch Dist, TX - S&P Global Ratings’ Credit Research

Summary: Temple Indpt Sch Dist, TX

Summary: Temple Indpt Sch Dist, TX - S&P Global Ratings’ Credit Research
Summary: Temple Indpt Sch Dist, TX
Published May 12, 2005
Published May 12, 2005
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA/A-1+' and 'AAA' ratings to Deutsche Bank Securities Inc. short puttable exempt adjustable receipts (SPEARs) and long inverse floating exempt receipts (LIFERs), respectively, issued under Trust Series DB-136. The long-term component of the SPEARs rating is based on the 'AAA' rated, state enhanced, Temple Independent School District (Bell County, Texas) unlimited tax refunding bonds series 2005. The short-term component of the rating is based on a standby purchase agreement (SPA) provided by Deutsche Bank AG ('A-1+'). The rating on the LIFERs is based solely on the 'AAA' rated, state enhanced, Temple Independent School District (Bell County, Texas) unlimited tax refunding bonds series 2005. The program is structured such that each series of SPEARs

  
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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S&P Global Ratings’ Credit Research. "Summary: Temple Indpt Sch Dist, TX" May 12, 2005. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Temple-Indpt-Sch-Dist-TX-439457>
  
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S&P Global Ratings’ Credit Research. (). Summary: Temple Indpt Sch Dist, TX May 12, 2005. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Temple-Indpt-Sch-Dist-TX-439457>
  
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