Summary: Michigan Hgr Ed Std Ln Auth - S&P Global Ratings’ Credit Research

Summary: Michigan Hgr Ed Std Ln Auth

Summary: Michigan Hgr Ed Std Ln Auth - S&P Global Ratings’ Credit Research
Summary: Michigan Hgr Ed Std Ln Auth
Published Mar 24, 2006
456 words — Published Mar 24, 2006
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Abstract:

Morgan Stanley&Co. Inc. Trust's floater certificates, series 2004-1280, relating to Michigan Higher Education Student Loan Authority student loan revenue bonds, series XVII-P, is rated 'AAA/A-1'. The long-term component of the rating is based on the underlying bond. The short-term component of the rating is based on a guarantee provided by Morgan Stanley and liquidity facility provided by Morgan Stanley Municipal Funding Inc. until May 22, 2007. Morgan Stanley&Co. Inc. Trust residual certificates, series 2004-1280, relating to Michigan Higher Education Student Loan Authority student loan revenue bonds, series XVII-P, is rated 'AAA'. The rating is based on the underlying bond.

  
Brief Excerpt:

RESEARCH Summary: Michigan Hgr Ed Std Ln Auth Publication date: 24-Mar-2006 Credit Profile US$1.7 mil resid certs ser 2004-1280 re Michigan Hgr Ed Std Ln Auth std ln rev bnds ser XVII-P ### Sale date: 23-MAR-2006 US$6.8 mil float certs...

  
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Summary

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Sector
Global Issuers, Public Finance, Structured Finance
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Region
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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: Michigan Hgr Ed Std Ln Auth" Mar 24, 2006. Alacra Store. May 18, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-Hgr-Ed-Std-Ln-Auth-499778>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Michigan Hgr Ed Std Ln Auth Mar 24, 2006. New York, NY: Alacra Store. Retrieved May 18, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Michigan-Hgr-Ed-Std-Ln-Auth-499778>
  
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