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Summary: Sweetwater Un High Sch Dist, CA Apr 05 Product Image

Summary: Sweetwater Un High Sch Dist, CA Apr 05

  • Published: April 2005
  • Standard & Poors

Abstract
The 'AAA/A-1+' and 'AAA' ratings on J.P. Morgan Securities PUTTERs & DRIVERs Trust Series 754T (Sweetwater Union High School District), relating to Sweetwater Union High School District Public Financing Authority, Calif. special tax revenue bonds series 2005A, have been affirmed. The affirmation is due to additional bonds being added to the trust on April 21, 2005. 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 scheduled to expire on March 9, 2006. The stable outlook reflects the outlook of the bond insurer....

Companies mentioned in this report are:
- Sweetwater Un High Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: Affirmed

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 READ MORE >

- Sweetwater Un High Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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