Standard & Poor's Ratings Services assigned its 'SP-1+/A-1' and 'SP-1+' ratings to JPMorgan Securities PUTTERs & DRIVERs Trust's series 3951, respectively, relating to Wichita's renewal and improvement temporary notes series 248. The long-term component of the rating on the PUTTERs and DRIVERs is based on the rating on the underlying asset (SP-1+). The short-term component of the rating on the PUTTERs is based on the rating on JPMorgan Chase Bank N.A., until Sept. 13, 2012. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- JPMorgan Secs PUTTERs & DRIVERs Tr Ser
Action: New Rating
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