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Summary: Morgan Stanley & Co. Inc. Trust Series 2008-3263; Residual Certificates; Tender Option Certificates/Bonds May 11 Product Image

Summary: Morgan Stanley & Co. Inc. Trust Series 2008-3263; Residual Certificates; Tender Option Certificates/Bonds May 11

  • Published: May 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA+/A-1' and 'AA+' ratings to  Morgan Stanley & Co. Inc. Trust's floater and residual certificates, respectively, series 2008-3263, relating to Clark County, Nev.'s general obligation (limited tax) flood control refunding term bonds (additionally secured with pledge revenues) series 2006. The long-term component of the rating is based on the underlying bonds (AA+). The short-term component of the rating is based on Morgan Stanley Bank N.A. until April 15, 2012. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...

Companies mentioned in this report are:
- Clark Cnty
- 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 READ MORE >

- Clark Cnty
- Morgan Stanley & Co Inc Tr

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