Summary: Morgan Stanley & Co. Inc. Trust Series 2008-2899 Ratings Off Watch Negative; Residual Certificates; Tender Option Certificates/Bonds May 10
- ID: 1770619
- May 2010
- Standard & Poors
Standard & Poor's Ratings Services removed its 'AA+/A-1' and 'AA+' ratings on Morgan Stanley & Co. Inc. Trust's float and residual certificates series 2008-2899, relating to New York City Housing Authority's custody receipts revenue bonds series 2005A, from CreditWatch with negative implications. This action follows Standard & Poor's April 22, 2010, removal of the rating on the underlying bond from CreditWatch with negative implications. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on Morgan Stanley. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- New York City Hsg Auth
- Morgan Stanley & Co Inc Tr
Action: Removed From CreditWatch
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