Summary: JPMorgan Securities PUTTERs&DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research

Summary: JPMorgan Securities PUTTERs&DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds

Summary: JPMorgan Securities PUTTERs&DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds - S&P Global Ratings’ Credit Research
Summary: JPMorgan Securities PUTTERs&DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds
Published Jun 17, 2011
944 words — Published Jun 17, 2011
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Abstract:

Standard&Poor's Ratings Services affirmed its 'AA-/A-1+' and 'AA-' ratings on JPMorgan Securities PUTTERs&DRIVERs Trust's series 3162, relating to the Port Authority of New York&New Jersey's consolidated bonds series 151. This action follows an amendment to the trust documents. The long-term component of the rating is based on the rating on the underlying bonds. The short-term component of the rating is based on a liquidity facility provided by JPMorgan Chase Bank N.A. USPF Criteria: Secondary Market Derivative Products, June 27, 2007

  
Brief Excerpt:

RESEARCH Summary: JPMorgan Securities PUTTERs & DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds Publication date: 17-Jun-2011 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197;...

  
Report Type:

Summary

Issuer
Port Auth of New York&New Jersey
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: JPMorgan Securities PUTTERs&DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds" Jun 17, 2011. Alacra Store. May 21, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-JPMorgan-Securities-PUTTERs-DRIVERs-Trust-Series-3162-Residual-Certificates-Tender-Option-Certificates-Bonds-873335>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: JPMorgan Securities PUTTERs&DRIVERs Trust Series 3162; Residual Certificates; Tender Option Certificates/Bonds Jun 17, 2011. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-JPMorgan-Securities-PUTTERs-DRIVERs-Trust-Series-3162-Residual-Certificates-Tender-Option-Certificates-Bonds-873335>
  
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