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Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 1745 Mar 08 Product Image

Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 1745 Mar 08

  • ID: 1834247
  • March 2008
  • Standard & Poors

Abstract
J.P. Morgan Securities Inc. puttable and derivative inverse tax-exempt receipts, series 1745 relating to New Jersey Educational Facilities Authority's revenue refunding bonds (Rowan University) series 2007B are rated 'AAA' and 'AAA/A-1+', respectively.. The long-term rating reflects primary insurance provided by FGIC and secondary insurance provided by FSA on the underlying bonds. The stable outlook is based on the insurance provider....

Companies mentioned in this report are:
- Rowan Univ
- New Jersey Educl Facs Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: Upgraded

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 interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Rowan Univ
- New Jersey Educl Facs Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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