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Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 2533 Mar 08 Product Image

Summary: JPMorgan Secs PUTTERs & DRIVERs Trust Series 2533 Mar 08

  • ID: 1835675
  • March 2008
  • Standard & Poors

FEATURED COMPANIES

  • University of New Mexico
  • MORE

Abstract
J.P. Morgan Securities, Inc., puttable tax-exempt receipts trust, series 2533 relating to University of New Mexico Board of Regents' subordinate lien system improvement revenue bonds, series 2007A are rated 'AAA/A-1+'. The long-term component of the rating is based on the 'AAA' rated FSA-insured University of New Mexico Board of Regents' subordinate lien system improvement revenue bonds, series 2007. The short-term component of the rating is based on a liquidity facility provided by JP Morgan Chase Bank N.A., scheduled to expire Feb. 19, 2009. 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...

Companies mentioned in this report are:
- University of New Mexico
- University of New Mexico Brd of Regents
- 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. READ MORE >

- University of New Mexico
- University of New Mexico Brd of Regents
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser

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