• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 2467 Jan 08 Product Image

Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 2467 Jan 08

  • Published: January 2008
  • Standard & Poors

Abstract
J.P. Morgan Securities, Inc., puttable tax-exempt receipts, series 2467 relating to New York City, N.Y.'s GO bonds, fiscal 2005 series J are rated 'AA/A-1+'. The long-term component of the rating is based on the 'AA' rated New York City, N.Y.'s GO bonds, fiscal 2005 series J. The short-term component of the rating is based on a liquidity facility provided by PNC Bank, National Association scheduled to expire Jan. 22, 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 "restricted PUTTERs" pursuant to section 2.8 of the "standard term...

Companies mentioned in this report are:
- New York City
- 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 READ MORE >

- New York City
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown

RELATED PRODUCTS