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Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 2936Z; Residual Certificates; Tender Option Certificates/Bonds Jun 09 Product Image

Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 2936Z; Residual Certificates; Tender Option Certificates/Bonds Jun 09

  • Published: June 2009
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has removed its long-term 'AAA' rating on JPMorgan PUTTERs/DRIVERs Trust Series 2936Z, relating to Erie County Industrial Development Agency school facility revenue bonds (City School District of the City of Buffalo Project) series 2003, from CreditWatch with negative implications. This action follows Standard & Poor's removal of FSA from CreditWatch with negative implications. The negative outlook is based on the bond insurer. USPF Criteria: "Secondary Market Derivative Products," June 27, 2007...

Companies mentioned in this report are:
- Erie Cnty Indl Dev Agy
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: Removed From CreditWatch

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 READ MORE >

- Erie Cnty Indl Dev Agy
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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