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
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