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Summary: Wachovia MERLOTS 2007C23

Published Apr 06, 2007

453 words — Published Apr 06, 2007

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Abstract:

Wachovia Bank N.A. municipal exempt receipts liquidity optional tender series 2007C23, relating to Michigan Higher Education Student Loan Authority student loan revenue bonds series XVII-Q, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, Ambac-insured underlying bond. The short-term component of the rating is based on the liquidity facility provided by Wachovia Bank N.A. until April 1, 2008. The stable outlook is based on the bond insurer.

Brief Excerpt:

RESEARCH Summary: Wachovia MERLOTS 2007C23 Publication date: 06-Apr-2007 Current Ratings >> Credit Profile US$14.625 mil ser 2007C23 Michigan Hgr Ed Std Ln Auth student loan rev bnds ser XVII-Q Long Term Rating ###/A-1+/Stable New...

Report Type:

Summary

Issuer

Michigan Finance Authority

Sector

Global Issuers, Public Finance, Structured Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Wachovia MERLOTS 2007C23" Apr 06, 2007. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-2007C23-571593>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Wachovia MERLOTS 2007C23 Apr 06, 2007. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-2007C23-571593>

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