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Summary: Morgan Stanley & Co Inc Trust Series 2008-2456 Feb 08 Product Image

Summary: Morgan Stanley & Co Inc Trust Series 2008-2456 Feb 08

  • Published: February 2008
  • Standard & Poors

Abstract
Morgan Stanley & Co. Inc. Trust floater certificates series 2008-2456, relating to Las Vegas Valley Water District general obligation limited tax water improvement and refunding bonds series 2008A, are rated 'AA+/A-1+'. The long-term component of the rating is based on the 'AA+' rated underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley (AA-/Watch Neg/A-1+) and a liquidity facility provided by Morgan Stanley Municipal Funding Inc. until Feb. 20, 2009. Morgan Stanley & Co. Inc. Trust residual certificates series 2008-2456, relating to Las Vegas Valley Water District general obligation limited tax water improvement and refunding bonds series 2008A, are rated 'AA+'. The rating is based on the 'AA+' rated underlying bond....

Companies mentioned in this report are:
- Las Vegas Vy Wtr Dist
- 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 READ MORE >

- Las Vegas Vy Wtr Dist
- Morgan Stanley & Co Inc Tr

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