Morgan Stanley & Co. Inc. Trust floater certificates series 2006-1960, relating to Sacramento County Water Financing Authority, revenue bonds, (Sacramento Water Agency zone 40 and 41 2007 water system project) series 2007A, is rated 'AAA/A-1'. The long-term component of the rating is based on the FGIC-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 July 18, 2008. Morgan Stanley & Co. Inc. Trust residual certificates series 2006-1960, relating to Sacramento County Water Financing Authority, revenue bonds, (Sacramento Water Agency zone 40 and 41 2007 water system project) series 2007A, is rated 'AAA'. The rating is based on the FGIC-insured underlying...
Companies mentioned in this report are:
- Sacramento Cnty Wtr Fincg Auth
- Morgan Stanley & Co Inc Tr
Action: New Rating
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