Various Rating Actions Taken On 146 Different Receipt Ratings For Multiple Issuers - S&P Global Ratings’ Credit Research

Various Rating Actions Taken On 146 Different Receipt Ratings For Multiple Issuers

Various Rating Actions Taken On 146 Different Receipt Ratings For Multiple Issuers - S&P Global Ratings’ Credit Research
Various Rating Actions Taken On 146 Different Receipt Ratings For Multiple Issuers
Published Dec 03, 2018
13 pages (7053 words) — Published Dec 03, 2018
Price US$ 150.00  |  Buy this Report Now

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Abstract:

NEW YORK (S&P Global Ratings) Dec. 3, 2018--S&P Global Ratings has taken various rating actions on 146 tender-option bond trust issues for George K. Baum&Co., FMS bonds Inc., Mesirow Municipal Funding, Mesirow Financial Inc., Eagle Tax-Exempt Trust, and Taxable XF-B Series Trust related to various underlying bonds. These rating actions follow various rating actions taken by S&P Global Ratings upon the application of its recently released criteria, titled "Priority-Lien Tax Revenue Debt," published Oct. 22, 2018, on RatingsDirect. In summary, S&P Global Ratings raised the ratings on five issues and lowered the ratings on 141 issues. The long-term rating on the custodial receipts for series 2015-XF1045 jointly reflects the rating on the underlying bonds and credit enhancement provided

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Dec. 3, 2018--S&P Global Ratings has taken various rating actions on 146 tender-option bond trust issues for George K. Baum & Co., FMS bonds Inc., Mesirow Municipal Funding, Mesirow Financial Inc., Eagle Tax-Exempt Trust, and Taxable XF-B Series Trust related to various underlying bonds....

  
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Ratings Action

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Public 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. "Various Rating Actions Taken On 146 Different Receipt Ratings For Multiple Issuers" Dec 03, 2018. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Various-Rating-Actions-Taken-On-146-Different-Receipt-Ratings-For-Multiple-Issuers-2138573>
  
APA:
S&P Global Ratings’ Credit Research. (). Various Rating Actions Taken On 146 Different Receipt Ratings For Multiple Issuers Dec 03, 2018. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Various-Rating-Actions-Taken-On-146-Different-Receipt-Ratings-For-Multiple-Issuers-2138573>
  
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