Summary: Morgan Stanley & Co Inc Trust Series 2008-2522 Mar 08
- ID: 1755826
- March 2008
- Standard & Poors
Morgan Stanley & Co. Inc. Trust floater certificates series 2008-2522, relating to Southern California Metropolitan Water District revenue bonds series 2006A, 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 March 12, 2009. Morgan Stanley & Co. Inc. Trust residual certificates series 2008-2522, relating to Southern California Metropolitan Water District revenue bonds series 2006A, are rated 'AAA'. The rating is based on the 'AAA' rated underlying bond....
Companies mentioned in this report are:
- Southern California Metro 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 the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >