Summary: Wachovia MERLOTS Series 2006B32   Philadelphia - S&P Global Ratings’ Credit Research

Summary: Wachovia MERLOTS Series 2006B32 Philadelphia

Summary: Wachovia MERLOTS Series 2006B32   Philadelphia - S&P Global Ratings’ Credit Research
Summary: Wachovia MERLOTS Series 2006B32 Philadelphia
Published Dec 22, 2006
435 words — Published Dec 22, 2006
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Abstract:

Wachovia Bank N.A., municipal exempt receipts liquidity optional tender, series 2006B32, relating to City Of Philadelphia water and wastewater revenue bonds, series 2005A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated, FSA-insured underlying bond. The short-term component of the rating is based on the liquidity facility provided by Wachovia Bank N.A. until Nov. 27, 2007. Stable outlook based on bond insurance.

  
Brief Excerpt:

RESEARCH Summary: Wachovia MERLOTS Series 2006B32 Philadelphia Publication date: 22-Dec-2006 Current Ratings >> Credit Profile US$10.06 mil ser 2006B32 re to City of Philadelphia wtr & wastewtr rev bnds ser 2005A Long Term Rating...

  
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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 Series 2006B32 Philadelphia" Dec 22, 2006. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-Series-2006B32-Philadelphia-553985>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Wachovia MERLOTS Series 2006B32 Philadelphia Dec 22, 2006. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Wachovia-MERLOTS-Series-2006B32-Philadelphia-553985>
  
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