Summary: Wachovia MERLOTS 2008D23 - S&P Global Ratings’ Credit Research

Summary: Wachovia MERLOTS 2008D23

Summary: Wachovia MERLOTS 2008D23 - S&P Global Ratings’ Credit Research
Summary: Wachovia MERLOTS 2008D23
Published Mar 19, 2008
Published Mar 19, 2008
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Abstract:

Wachovia MERLOTS 2008D23, relating to Kentucky Asset Liability Commission, project notes 2007, Federal Highway Trust Fund First Series, are rated 'AAA/A-1+'. The long-term component of the rating is based on the MBIA-insured underlying bonds. The short-term component of the rating is based on the liquidity facility provided by Wachovia Bank N.A. until Jan. 30, 2009. The negative outlook is based on the insurance provider, MBIA.

  
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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: Wachovia MERLOTS 2008D23" Mar 19, 2008. Alacra Store. May 25, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-2008D23-636981>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Wachovia MERLOTS 2008D23 Mar 19, 2008. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-2008D23-636981>
  
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