• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: New York St Thruway Auth Jul 03 Product Image

Summary: New York St Thruway Auth Jul 03

  • ID: 1754721
  • July 2003
  • Region: New York
  • Standard & Poors


  • New York St Thruway Auth
  • MORE

Morgan Stanley & Co. Inc. Trust floater certificates series 2001-832, relating to New York State Thruway Authority second general highway and bridge trust fund bonds series 2003B, are rated 'AAA/A-1'. The long-term component of the rating is based on the FSA-insured underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley and a liquidity facility provided by Morgan Stanley Municipal Funding Inc. until July 16, 2004....

Companies mentioned in this report are:
- New York St Thruway Auth
- Morgan Stanley & Co Inc Tr

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

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.

- New York St Thruway Auth
- Morgan Stanley & Co Inc Tr

Note: Product cover images may vary from those shown