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Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 1931T Jul 07 Product Image

Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 1931T Jul 07

  • ID: 1834931
  • July 2007
  • Standard & Poors

FEATURED COMPANIES

  • New York St Thruway Auth
  • MORE

Abstract
J.P. Morgan Securities Inc. puttable and derivative inverse tax-exempt receipts series 1931T, relating to New York State Thruway Authority general revenue bonds series F, are rated 'AAA/A-1+' and 'AAA', respectively. The long-term component of the rating is based on the 'AAA' rated, AMBAC-insured New York State Thruway Authority general revenue bonds series F. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. scheduled to expire on June 26, 2008. 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"...

Companies mentioned in this report are:
- New York St Thruway Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: New Rating

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Note: Product cover images may vary from those shown

- New York St Thruway Auth
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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

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