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Summary: Puerto Rico Nov 03

  • ID: 2086414
  • November 2003
  • Region: Puerto Rico
  • Standard & Poors
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Abstract
Morgan Stanley & Co. Inc. Trust floater certificates series 2001-869, relating to Puerto Rico public improvement bonds of 2003 series A, are rated 'AAA/A-1'. The long-term component of the rating is based on the FGIC-insured underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley and a liquidity facility provided by Morgan Stanley Municipal Funding Inc. until Nov. 12, 2004. Morgan Stanley & Co. Inc. Trust residual certificates series 2001-869, relating to Puerto Rico public improvement bonds of 2003 series A, are rated 'AAA'. The rating is based on the FGIC-insured underlying bond. Complete ratings information is available to subscribers of RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings...

Companies mentioned in this report are:
- Puerto Rico
- Morgan Stanley & Co Inc Tr

Action: New Rating

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- Puerto Rico
- Morgan Stanley & Co Inc Tr

Note: Product cover images may vary from those shown
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