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Summary: Morgan Stanley & Co Inc Trust Series 1317X Rating Raised To 'AAA/A-1'; Tender Option Certificates/Bonds Mar 09

Standard & Poors, March 2009

Abstract
Standard & Poor's Ratings Services raised its rating on Morgan Stanley & Co. Inc. Trust floater certificates series 1317X to 'AAA/A-1' from 'AA+/A-1'. This action follows Standard & Poor's upgrade of the underlying bonds to 'AAA' from 'AA+'....

Companies mentioned in this report are:
- East Bay Mun Util Dist
- Morgan Stanley & Co Inc Tr

Action: Upgraded

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.

- East Bay Mun Util Dist
- Morgan Stanley & Co Inc Tr

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