Standard & Poor's Ratings Services raised the long-term component of its rating on JPMorgan Securities Inc. puttable tax-exempt receipts (Louisiana) trust series 1408 to 'A+' from 'A'. This action follows Standard & Poor's upgrade of the underlying bond to 'A+' from 'A'. The long-term component of the rating is based on the underlying bond....
Companies mentioned in this report are:
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
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