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Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 1769 Apr 07 Product Image

Summary: J.P. Morgan Secs PUTTERs & DRIVERs Trust Series 1769 Apr 07

  • Published: April 2007
  • Standard & Poors

Abstract
J.P. Morgan Securities Inc. puttable and derivative inverse tax-exempt receipts series 1769, relating to state of Florida, Department of Management Services Florida facilities pool revenue bonds series 2007A are rated 'AAA/A-1+' and 'AAA', respectively. The long-term component of the rating is based on the 'AAA' rated, MBIA-insured state of Florida, Department of Management Services Florida facilities pool revenue bonds series 2007A. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. scheduled to expire on April 24, 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...

Companies mentioned in this report are:
- Florida
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

Action: New Rating

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- Florida
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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