0 CHECKOUT

Summary: J.P. Morgan Securities PUTTERs & DRIVERs Trust Series Jul 06

  • ID: 1835366
  • July 2006
  • Standard & Poors
1 of 3

Abstract
J.P. Morgan Securities Inc.'s Puttable tax-exempt receipts, series 1412, Relating to Nueces River Authority water supply facilities revenue refunding bonds (City of Corpus Christi Lake Texana Project), series 2005, are rated 'AAA/A-1+' and 'AAA', respectively. The long-term component of the rating is based on the 'AAA' rated, FSA-insured Nueces River Authority water supply facilities revenue refunding bonds (City of Corpus Christi Lake Texana Project), series 2005. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. scheduled to expire July 19, 2007. 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...

Companies mentioned in this report are:
- Corpus Christi
- 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 READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Corpus Christi
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer Inc.