Summary: Louisiana Pub Fac Auth

Merrill Lynch Puttable FLOATs/RITES Trust puttable floating option tax-exempt receipts series PT-2439, relating to Louisiana Public Facility Authority, FHA-insured mortgage revenue bonds (Baton Rouge General Medical Center project) series 2004, are rated 'AAA/A-1'. The long-term component of the rating is based on the MBIA-insured underlying bond. The short-term component of the rating is based on a liquidity guarantee from Merrill Lynch&Co. Inc., and the expiration date of the liquidity facility is Nov. 15, 2005. Merrill Lynch Puttable FLOATs/RITES Trust residual interest tax-exempt securities receipts series PT-2439, relating to Louisiana Public Facility Authority, FHA-insured mortgage revenue bonds (Baton Rouge General Medical Center project) series 2004, are rated 'AAA'. The long-term component of the rating is based on the MBIA-insured

RESEARCH Summary: Louisiana Pub Fac Auth Publication date: 10-Dec-2004 Credit Profile US$.005 mil resid int tax-ex secs rcpt ser PT-2439 re Louisiana Pub Fac Auth FHA ins mtg rev bnds ser 2004 ### Sale date: 09-DEC-2004 US$12.6 mil put...

Summary