Summary: Morgan Stanley & Co. Inc. Trust Series 2008-3282; Residual Certificates; Tender Option Certificates/Bonds Aug 11
- ID: 2035212
- August 2011
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA/A-1' and 'AA' ratings to Morgan Stanley & Co. Inc. Trust's floater and residual certificates series 2008-3282, respectively, relating to Foothill-De Anza Community College District (Santa Clara County, Calif.) election of 2006 general obligation term bonds series C. The long-term component of the rating on the floater and residual certificates is based on the rating on the underlying bonds (AA). The short-term component of the rating on the floater certificates is based on Morgan Stanley Bank N.A., until Aug. 15, 2012. USPF Criteria: Secondary Market Derivative Products, June 27, 2007...
Companies mentioned in this report are:
- Foothill-De Anza Comnty Coll Dist
- Morgan Stanley & Co Inc Tr
Action: New Rating
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