Summary: JPMorgan Securities Inc.?s (Ascension Health) Series 2959 PUTTERs&DRIVERs Raised To 'AA+/A-1+' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: JPMorgan Securities Inc.?s (Ascension Health) Series 2959 PUTTERs&DRIVERs Raised To 'AA+/A-1+' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds

Summary: JPMorgan Securities Inc.?s (Ascension Health) Series 2959 PUTTERs&DRIVERs Raised To 'AA+/A-1+' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: JPMorgan Securities Inc.?s (Ascension Health) Series 2959 PUTTERs&DRIVERs Raised To 'AA+/A-1+' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds
Published May 16, 2011
Published May 16, 2011
Price US$ 225.00  |  Buy this Report Now

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Abstract:

Standard&Poor's Ratings Services has raised its ratings on JPMorgan Securities Inc.'s series 2959 puttable tax-exempt receipts, relating to Alabama Special Care Facilities Financing Authority of Birmingham's series 2006 C-2 revenue bonds (Ascension Health Senior Credit Group) to 'AA+/A-1+' from AA/A-1+' and JPMorgan Securities Inc.'s series 2959 derivative inverse tax-exempt receipts, relating to Alabama Special Care Facilities Financing Authority of Birmingham's series 2006 C-2 revenue bonds (Ascension Health Senior Credit Group) to 'AA+' from 'AA'. The long-term component of the rating is based on the underlying bond (CUSIP # 010399BX0:BY8:VAD6). The short-term component of the rating is based on the liquidity facility provided by JPMorgan Chase Bank N.A. This action follows Standard&Poor's May 04, 2011, upgrade on

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: JPMorgan Securities Inc.?s (Ascension Health) Series 2959 PUTTERs&DRIVERs Raised To 'AA+/A-1+' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds" May 16, 2011. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-JPMorgan-Securities-Inc-s-Ascension-Health-Series-2959-PUTTERs-DRIVERs-Raised-To-AA-A-1-And-AA-Residual-Certificates-Tender-Option-Certificates-Bonds-866754>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: JPMorgan Securities Inc.?s (Ascension Health) Series 2959 PUTTERs&DRIVERs Raised To 'AA+/A-1+' And 'AA+'; Residual Certificates; Tender Option Certificates/Bonds May 16, 2011. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-JPMorgan-Securities-Inc-s-Ascension-Health-Series-2959-PUTTERs-DRIVERs-Raised-To-AA-A-1-And-AA-Residual-Certificates-Tender-Option-Certificates-Bonds-866754>
  
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