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Summary: Rockford Pub Schs, MI Mar 02 Product Image

Summary: Rockford Pub Schs, MI Mar 02

  • ID: 1754523
  • March 2002
  • Standard & Poors

Abstract
The Morgan Stanley & Co. Inc. Trust floater certificates series 2001-589, relating to, Kent, Mich.'s refunding bonds (Rockford Public Schools) series 2002A, are rated 'AAA/A-1+'. The long-term component of the rating is based on the state-enhanced underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley Dean Witter & Co. and liquidity facility provided by Morgan Stanley Dean Witter Municipal Funding Inc. until March 13, 2003....

Companies mentioned in this report are:
- Rockford Pub Schs
- Morgan Stanley & Co Inc Tr

Action: New Rating

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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Rockford Pub Schs
- Morgan Stanley & Co Inc Tr

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