Summary: JPMorgan Securities PUTTERs & DRIVERs Trust Series 3258; Residual Certificates; Tender Option Certificates/Bonds Jul 10
Standard & Poors, July 2010
Abstract
Standard & Poor's Ratings Services withdrew its ratings on JPMorgan Securities PUTTERs & DRIVERs Trust's series 3258, relating to Illinois' general obligation bonds series of June 1999. This action follows Standard & Poor's June 5, 2010, withdrawal of its rating on the underlying bond. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- Illinois
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
Action: Withdrawn
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.
- Illinois
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
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