Summary: Morgan Stanley & Co Inc Trust Series 2008-2442 Mar 08
- ID: 1755770
- March 2008
- Standard & Poors
Morgan Stanley & Co. Inc. Trust floater certificates series 2008-2442, relating to Austin, Texas (Travis and Williamson Counties) electric utility system revenue refunding bonds series 2006, are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' 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. 13, 2009. Morgan Stanley & Co. Inc. Trust residual certificates series 2008-2442, relating to Austin, Texas (Travis and Williamson Counties) electric utility system revenue refunding bonds series 2006, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bond. The stable outlook on the residual certificates...
Companies mentioned in this report are:
- Morgan Stanley & Co Inc Tr
Action: New Rating
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