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Summary: Puerto Rico Elec Pwr Auth Jul 02 Product Image

Summary: Puerto Rico Elec Pwr Auth Jul 02

  • ID: 1833464
  • July 2002
  • Region: Puerto Rico
  • Standard & Poors

FEATURED COMPANIES

  • Puerto Rico Elec Pwr Auth
  • MORE

Abstract
The J.P. Morgan Securities PUTTERs & DRIVERs Trust Series 268, relating to Puerto Rico Electric Power Authority power revenue bonds series HH, is rated 'AAA/A-1+'. The long-term component of the rating is based on the FSA-insured underlying bonds. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank until July 1, 2003....

Companies mentioned in this report are:
- Puerto Rico Elec Pwr Auth
- 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 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.

- Puerto Rico Elec Pwr Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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