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Summary: Wachovia MERLOTS 2008BR08; Tender Option Certificates/Bonds

Published Jan 28, 2009

433 words — Published Jan 28, 2009

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Abstract:

Standard&Poor's Ratings Services raised its rating on Wachovia MERLOTS 2008BR08, relating to Williamson County, Texas' unlimited tax road bonds series 2007, to 'AA+' from 'AA'. This action follows Standard&Poor's Nov. 25, 2008, upgrade of the underlying bonds to 'AA+' from 'AA'. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on the liquidity provider, Wachovia Bank N.A. The expiration date of the liquidity facility is April 9, 2009.

Brief Excerpt:

RESEARCH Summary: Wachovia MERLOTS 2008BR08; Tender Option Certificates/Bonds Publication date: 28-Jan-2009 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit...

Report Type:

Summary

Issuer

Williamson Cnty

Sector

Public Finance

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Wachovia MERLOTS 2008BR08; Tender Option Certificates/Bonds" Jan 28, 2009. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-2008BR08-Tender-Option-Certificates-Bonds-698864>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Wachovia MERLOTS 2008BR08; Tender Option Certificates/Bonds Jan 28, 2009. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-2008BR08-Tender-Option-Certificates-Bonds-698864>

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