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Summary: Central Brown Cnty Wtr Auth, WI Jul 05 Product Image

Summary: Central Brown Cnty Wtr Auth, WI Jul 05

  • Published: July 2005
  • Standard & Poors

Abstract
J.P. Morgan Securities PUTTERs & DRIVERs Trust Series 972, relating to Central Brown County Water Authority, Wisc. water system revenue bonds series 2005, are rated 'AAA/A-1' and 'AAA', respectively. The long-term component of the rating and the long-term rating are based on the 'AAA' rated, Ambac-insured Central Brown County Water Authority, Wisc. water system revenue bonds series 2005. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase & Co. scheduled to expire on June 22, 2006. 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...

Companies mentioned in this report are:
- Central Brown Cnty Wtr Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: New Rating

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- Central Brown Cnty Wtr Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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