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Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 2642Z Apr 08 Product Image

Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 2642Z Apr 08

  • ID: 1833836
  • April 2008
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services affirmed its 'AAA/A-1+' and 'AAA' ratings on the J.P. Morgan Securities PUTTERs & DRIVERs Trust, series 2642Z, relating to the City of Atlanta, Ga.'s airport general revenue bonds, series 2004B (Non-AMT). This action follows the deposit of additional bonds into the trust. 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 N.A., scheduled to expire on March 13, 2009. 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...

Companies mentioned in this report are:
- Atlanta
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: Affirmed
Action: Outlook: Stable

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Note: Product cover images may vary from those shown

- Atlanta
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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

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