The rating on Morgan Stanley & Co. Inc. Trust floater certificates series 2001-604, relating to Pennsylvania GO bonds second series 2000, has been raised to 'AAA/A-1' from 'AA/A-1'. This action follows Standard & Poor's Ratings Services upgrade of the underlying bonds to 'AAA' from 'AA'. The long-term component of the rating is based on the underlying bonds, and the short-term component of the rating is based on a bank facility provided by Morgan Stanley. The expiration date of the bank facility is March 24, 2006. The rating on Morgan Stanley & Co. Inc. Trust residual certificates series 2001-604, relating to Pennsylvania GO bonds second series 2000, has been raised to 'AAA' from 'AA'. This action follows Standard & Poor's Ratings...
Companies mentioned in this report are:
- Morgan Stanley & Co Inc Tr
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