Summary: Wachovia MERLOTS, Pennsylvania   Philadelphia - S&P Global Ratings’ Credit Research

Summary: Wachovia MERLOTS, Pennsylvania Philadelphia

Summary: Wachovia MERLOTS, Pennsylvania   Philadelphia - S&P Global Ratings’ Credit Research
Summary: Wachovia MERLOTS, Pennsylvania Philadelphia
Published Nov 27, 2007
477 words — Published Nov 27, 2007
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Abstract:

Standard&Poor's Ratings Services assigned its 'AAA/A-1+' rating to Wachovia MERLOTS, Pa.'s series 2007J01 relating to City of Philadelphia, Pa.'s general obligation bonds, series 2001. The 'AAA' long-term component of the rating is based on the FSA-insured underlying bond. The 'A-1+' short-term component of the rating is based on the liquidity facility provided by Wachovia Bank N.A. until Nov. 14, 2008. The stable outlook is based on the bond insurer.

  
Brief Excerpt:

RESEARCH Summary: Wachovia MERLOTS, Pennsylvania Philadelphia Publication date: 27-Nov-2007 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary Credit Analyst: Chi W...

  
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Summary

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Global Issuers, Public Finance, Structured Finance
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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, Pennsylvania Philadelphia" Nov 27, 2007. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-Pennsylvania-Philadelphia-615352>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Wachovia MERLOTS, Pennsylvania Philadelphia Nov 27, 2007. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-Pennsylvania-Philadelphia-615352>
  
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