2012 America's Neighborhoods-Zip Code 92688 for Rancho Santa Margarita, CA report
- Published: May 2012
Abstract
J.P. Morgan Securities Inc. puttable and derivative inverse tax-exempt receipts series 1758, relating to Moreland School District (Santa Clara County, Calif.) 2006 general obligation refunding bonds series C (2014 crossover), are rated 'AAA/A-1+' and 'AAA', respectively. The long-term component of the rating is based on the 'AAA' rated, AMBAC-insured Moreland School District (Santa Clara County, Calif.) 2006 general obligation refunding bonds series C (2014 crossover). The short-term component of the rating is based on a liquidity facility provided by JP Morgan Chase & Co. scheduled to expire on March 29, 2008. The receipt holders' ability to receive the purchase price from the liquidity provider may terminate without notice under certain conditions set forth in the documents. The short-term portion of...
Companies mentioned in this report are:
- Moreland Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
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
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- Moreland Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
| Format | Properties | |
|---|---|---|
| Electronic | The report will be emailed to you. |