Summary: J.P. Morgan Securities PUTTERs & DRIVERs Trust Series Jun 06
- ID: 1833476
- June 2006
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AAA/A-1+' and 'AAA' ratings to J.P. Morgan Securities Inc.'s series 1390 PUTTERs and DRIVERs, respectively, relating to the Colorado Health Facilities Authority's 1991 series B retirement housing revenue Bonds (Liberty Heights Project). The long-term component of the rating is based on the 'AAA' rated Colorado Health Facilities Authority's 1991 series B retirement housing revenue bonds. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. scheduled to expire on June 28, 2007. 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 the rating does not...
Companies mentioned in this report are:
- Liberty Heights
- Colorado Hlth Fac Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
Action: New Rating
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