Summary: Morgan Stanley & Co. Inc. Trust's Series 2008-3001 Ratings Raised To 'AA+/A-1' And ?AA+?; Residual Certificates; Tender Option Certificates/Bonds Feb 11
- ID: 1770710
- February 2011
- Standard & Poors
Standard & Poor's Ratings Services raised its ratings on Morgan Stanley & Co. Inc. Trust's floater and residual certificates series 2008-3001, relating to Alaska Housing Finance Corp.'s general housing purpose bonds series 2005A, to 'AA+/A-1' and 'AA+' from 'AA/A-1' And 'AA', respectively. This action follows Standard & Poor's Dec. 30, 2010, upgrade of the rating on the underlying bonds to 'AA+' from 'AA', and revision of the outlook to stable from positive. The long-term component of the rating is based on the underlying bonds (CUSIP #: 011832YN6, 011832YP1, 011832YK2, 011832YL0, 011832YM8). The short-term component of the rating is based on the liquidity facility provided by Morgan Stanley Bank N.A. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- Alaska Hsg Fin Corp
- Morgan Stanley & Co Inc Tr
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