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Summary: Morgan Stanley & Co Inc Trust Series 2006-1509 Oct 06 Product Image

Summary: Morgan Stanley & Co Inc Trust Series 2006-1509 Oct 06

  • ID: 1755195
  • October 2006
  • Standard & Poors

Abstract
Morgan Stanley & Co. Inc. Trust floater certificates series 2006-1509, relating to Jackson County, Mo. special obligation bonds (Harry S. Truman Sports Complex Project) series 2006, are rated 'AAA/A-1'. The long-term component of the rating is based on the Ambac-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 Oct. 25, 2007. Morgan Stanley & Co. Inc. Trust residual certificates series 2006-1509, relating to Jackson County, Mo. special obligation bonds (Harry S. Truman Sports Complex Project) series 2006, are rated 'AAA'. The rating is based on the Ambac-insured underlying bond. The stable outlook is based on the bond insurer....

Companies mentioned in this report are:
- Jackson Cnty
- 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 READ MORE >

- Jackson Cnty
- Morgan Stanley & Co Inc Tr

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