• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Summary: J.P. Morgan Securities PUTTERs & DRIVERs Trust Series Jun 06 Product Image

Summary: J.P. Morgan Securities PUTTERs & DRIVERs Trust Series Jun 06

  • ID: 1833476
  • June 2006
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AAA/A-1' and 'AAA' ratings to J.P. Morgan Securities Inc.'s series 1370 PUTTERs and DRIVERs, respectively, relating to the state of Utah's series 2004B GO bonds. The long-term component of the rating is based on the state of Utah's 'AAA' rated series 2004B GO bonds. The short-term component of the rating is based on a liquidity facility provided by JP Morgan Chase & Co. scheduled to expire on June 14, 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 apply to any receipts that are designated "restricted PUTTERs" pursuant...

Companies mentioned in this report are:
- Utah
- 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 READ MORE >

Note: Product cover images may vary from those shown

- Utah
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS