Summary: Tuskegee Univ, AL Mar 06
- ID: 1755041
- March 2006
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AAA/A-1' rating to Morgan Stanley & Co. Inc. Trust's floater certificates, series 2004-1263, relating to Private Colleges and University Facilities Authority, Ala.'s series 2006 tax-exempt revenue bonds, issued for Tuskegee University. The long-term component of the rating is based on the Assured Guaranty Corp.-insured underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley and liquidity facility provided by Morgan Stanley Municipal Funding Inc. until March 8, 2007. In addition, Standard & Poor's assigned its 'AAA' rating to Morgan Stanley & Co. Inc. Trust's residual certificates, series 2004-1263, relating to Private Colleges and University Facilities Authority, Ala.'s series 2006 tax-exempt revenue bonds, issued for Tuskegee University....
Companies mentioned in this report are:
- Tuskegee Univ
- Morgan Stanley & Co Inc Tr
Action: New Rating
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