Summary: Trinity River Auth, TX - S&P Global Ratings’ Credit Research

Summary: Trinity River Auth, TX

Summary: Trinity River Auth, TX - S&P Global Ratings’ Credit Research
Summary: Trinity River Auth, TX
Published Jun 11, 2003
Published Jun 11, 2003
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Merrill Lynch Puttable FLOATs/RITES trust puttable floating option tax-exempt receipts, series PT-1875, relating to Trinity River Authority, Texas' regional wastewater system revenue refunding bonds series 2003, are rated 'AAA/A-1+'. The long-term component of the rating is based on the MBIA-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from WestLB AG, and the expiration date of the liquidity facility is May 15, 2004.

  
Report Type:

Summary

Ticker
7792Z
Issuer
Sector
Global Issuers, Public Finance
Country
Region
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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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MLA:
S&P Global Ratings’ Credit Research. "Summary: Trinity River Auth, TX" Jun 11, 2003. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Trinity-River-Auth-TX-317644>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Trinity River Auth, TX Jun 11, 2003. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Trinity-River-Auth-TX-317644>
  
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