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

  • ID: 1755757
  • February 2008
  • Standard & Poors
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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 the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes READ MORE >

Note: Product cover images may vary from those shown
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- Las Vegas Vy Wtr Dist
- Morgan Stanley & Co Inc Tr

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

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