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Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 2413 Jan 08 Product Image

Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 2413 Jan 08

  • Published: January 2008
  • Standard & Poors

FEATURED COMPANIES

Abstract
J.P. Morgan Securities Inc. puttable tax-exempt receipts, series 2413 relating to Jackson County, Miss., special obligation bonds (Harry S. Truman Sports Complex Project), series 2006 are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated AMBAC-insured Jackson County, Miss., special obligation bonds (Harry S. Truman Sports Complex Project), series 2006. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. scheduled to expire on Jan. 1, 2009. 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 that are designated...

Companies mentioned in this report are:
- Jackson Cnty
- 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 READ MORE >

- Jackson Cnty
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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