Fitch Ratings assigns the following ratings to the puttable floating option tax-exempts receipts (P-FLOATs) of the Merrill Lynch P-FLOATs Series MT Trust BOA:
--Series PT-4726 P-FLOATs 'AA/F1', Stable Outlook.
The long-term 'AA', Stable Outlook rating assigned to the PT-4726 P-FLOATs is based on the rating that Fitch has assigned to the California Health Facilities Financing Authority Revenue Bonds (Lucile Salter Packard Children's Hospital at Stanford) 2012 Series A (rated 'AA', Stable Outlook) that have been deposited in the Series PT-4726 trust.
The 'F1' short-term rating assigned to the P-FLOATs is based on a liquidity facility provided by Bank of America, National Association (rated 'A/F1', Stable Outlook). The short-term rating will expire on Sept. 15, 2012 unless such date is extended or any prior termination the liquidity facility.
Additional information is available at www.fitchratings.com. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.
Applicable Criteria and Related Research:
--'U.S. Municipal
Structured Finance Rating Criteria', Feb. 28, 2012;
--'Guidelines
for Rating Tender Option Bond Securities', May 25, 2011.
Applicable Criteria and Related Research:
U.S. Municipal Structured
Finance Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=672570
Guidelines
for Rating Tender Option Bond Securities
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=632790
ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE WWW.FITCHRATINGS.COM. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.
Contacts:
Fitch Ratings
Primary Analyst:
Richard Park, +1-212-908-0289
Associate
Director
Fitch, Inc.
One State Street Plaza
New York, NY
10004
or
Secondary Analyst:
Trudy Zibit, +1-212-908-0689
Managing
Director
or
Committee Chairperson:
Mario Civico,
+1-212-908-0796
Senior Director
or
Media Relations:
Sandro
Scenga, +1-212-908-0278
sandro.scenga@fitchratings.com
