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Summary: Cincinnati City Sch Dist, OH Nov 05

  • ID: 1834692
  • November 2005
  • Standard & Poors
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FEATURED COMPANIES

  • Cincinnati City Sch Dist
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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 READ MORE >

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- Cincinnati City Sch Dist
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

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