Summary: Maricopa Cnty Indl Dev Auth, AZ - S&P Global Ratings’ Credit Research

Summary: Maricopa Cnty Indl Dev Auth, AZ

Summary: Maricopa Cnty Indl Dev Auth, AZ - S&P Global Ratings’ Credit Research
Summary: Maricopa Cnty Indl Dev Auth, AZ
Published Sep 06, 2002
364 words — Published Sep 06, 2002
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Abstract:

The Morgan Stanley&Co. Inc. Trust floater certificates series 2001-707, relating to Maricopa County Industrial Development Authority single-family mortgage revenue bonds series 2002A, are rated 'AAA/A-1+' and have been placed on CreditWatch with negative implications. The long-term component of the rating is based on the XL Capital-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 Dean Witter Municipal Funding Inc. until Sept. 4, 2003. Morgan Stanley was placed on CreditWatch with negative implications on Aug. 15, 2002.

  
Brief Excerpt:

RESEARCH Summary: Maricopa Cnty Indl Dev Auth, AZ Publication date: 06-Sep-2002 Credit Profile $45.6 mil muni debt muni issue ser 2001-707 due 2006 ###/A-1+ Sale date: 05-SEP-2002 muni debt muni issue ser 2001-707 due 2006 ### Sale date:...

  
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Global Issuers, Public Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Maricopa Cnty Indl Dev Auth, AZ" Sep 06, 2002. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maricopa-Cnty-Indl-Dev-Auth-AZ-263706>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Maricopa Cnty Indl Dev Auth, AZ Sep 06, 2002. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Maricopa-Cnty-Indl-Dev-Auth-AZ-263706>
  
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