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Summary: Morgan Stanley & Co. Inc. Trust Series 2006-1697 Aug 07

  • ID: 1755428
  • August 2007
  • Standard & Poors

Abstract
Morgan Stanley & Co. Inc. Trust floater certificates series 2006-1697, relating to Chabot-Las Positas Community College District (Alameda County and Contra Costa County, Calif.) GO bonds, election of 2004, series 2006B, is 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 liquidity facility provided by Morgan Stanley Municipal Funding Inc. until July 18, 2008. Morgan Stanley & Co. Inc. Trust residual certificates series 2006-1697, relating to Chabot-Las Positas Community College District (Alameda County and Contra Costa County, Calif.) GO bonds, election of 2004, series 2006B, is rated 'AAA'. The rating is based on the Ambac-insured underlying bond. The...

Companies mentioned in this report are:
- Chabot-Las Positas Comnty Coll Dist
- Morgan Stanley & Co Inc Tr

Action: New Rating

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Note: Product cover images may vary from those shown

- Chabot-Las Positas Comnty Coll Dist
- Morgan Stanley & Co Inc Tr

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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