Summary: Cincinnati City Sch Dist, OH Nov 05
Standard & Poors, November 2005
Abstract
Standard & Poor's Ratings Services assigned its 'AAA/A-1 and 'AAA' ratings to J.P. Morgan Securities Trust's series 1177 PUTTERs & DRIVERs, respectively, relating to the board of education of the Cincinnati School District, Ohio's classroom facilities construction and improvement bonds, series 2003 (voted GO - unlimited tax). The long-term component of the rating is based on the 'AAA' rated, FSA-insured Cincinnati School District's classroom facilities construction and improvement bonds, series 2003. The short-term component of the rating is based on a liquidity facility provided by PB Capital Corporation (NR) with a guarantee provided by Deutsche Postbank AG (A/Watch Neg/A-1) scheduled to expire on Nov. 16, 2006. The receipt holders' ability to receive the purchase price from the liquidity provider may...
Companies mentioned in this report are:
- Cincinnati City Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
Action: New Rating
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.
- Cincinnati City Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network