Correction: Fitch Downgrades 63 JP Morgan Chase Supported Issues.Business Editors NEW YORK--(BUSINESS WIRE)--Sept. 30, 2002 (This is an amended version of a press release issued earlier today. 63 JP Morgan Chase supported issues are being downgraded, not 68. In addition, this version contains revised rating information on the Austin, TX, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Department of Airports, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. Municipal Power Agency No. 1, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden (City & County) Airport Commission and San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. (CA) bond issues.) Following rating downgrades for JP Morgan Chase, Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. , the international rating agency, downgrades its ratings on 63 issues supported by the bank or its subsidiaries. The affected bonds and their ratings are listed below. For additional information, see Fitch's press release dated Sept. 17, 2002. --Albuquerque (NM), (The Sunport), governmental purpose sub lien adj-rate airport rev bonds (taxable), series 2000B (insured: Ambac) (liquidity facility: Morgan Guaranty Trust Co. of NY) 'AAA/F1'; --Albuquerque (NM) (The Sunport), governmental purpose sub lien adj-rate airport rev bonds, series 2000A (insured: Ambac) (liquidity facility: Morgan Guaranty trust Co. of NY) 'AAA/F1'; --Austin (TX), airport sys var-rate rev notes, series A (LOC LOC - lines of code : Morgan Guaranty Trust Co. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of ) 'F1'; --Austin (TX), combined util sys CP notes, series A (LOC: Morgan Guaranty Trust Co. of New York) 'F1'; --Brazos River Authority (TX) (TXU TXU Texas Utilities (Electric and Gas Company) TXU Transmitter Unit Energy Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Proj), pollution control rev rfdg bonds, series 2002A (LOC: JP Morgan Chase Bank) 'A+/F1'; --Connecticut Health & Educational Facilities Authority (CT) (Stamford Hospital Stamford Hospital is a private, nonprofit, community and teaching hospital in Stamford, Connecticut, with 440 affiliated doctors. The hospital has 305 inpatient beds in medicine, surgery, obstetrics/gynecology, psychiatry, and medical and surgical critical care units. Issue), rev bonds, series H (insured: MBIA MBIA Montana Building Industry Association MBIA Municipal Bond Insurance Association MBIA Michigan Boating Industries Association MBIA Municipal Bond Investors Assurance MBIA Massachusetts Brain Injury Association MBIA Maryland Business Incubation Association ) (liquidity facility: Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. ) 'AAA/F1'; --Detroit (MI), sewage disposal Sewage disposal The ultimate return of used water to the environment. Disposal points distribute the used water either to aquatic bodies such as oceans, rivers, lakes, ponds, or lagoons or to land by absorption systems, groundwater recharge, and irrigation. sys rev rfdg bonds, series 1998A (insured: MBIA) (liquidity facility: Morgan Guaranty Trust Co. of NY) 'AAA/F1'; --Detroit (MI), sewage disposal sys rev rfdg bonds, series 1998B (insured: MBIA) (liquidity facility: Morgan Guaranty Trust Co. of NY) 'AAA/F1'; --Franklin County (OH) (Trinity Health Trinity Health is an American healthcare provider headquartered in Minot, North Dakota. Trinity is a non-profit organization. Trinity has a 150+ physician medical group. Credit Group), var-rate rev bonds, series 2000F (liquidity facility: Morgan Guaranty Trust Co. of NY & Bayerische Landesbank Girozentrale) 'AA-/F1'; --Fresno (CA) (Trinity Health Credit Group), var-rate rev bonds, series 2000C (liquidity facility: Chase Manhattan Bank & Landesbank Hessen-Thuringen Girozentrale) 'AA-/F1'; --Geisinger Authority (PA) (Geisinger Health System The Geisinger Health System (GHS) is a physician-led health care system of northeastern and central Pennsylvania with headquarters located in Danville, Pennsylvania. ), health system rev rfdg bonds, series 2000 (liquidity facility: Morgan Guaranty Trust Co. of NY) 'AA/F1'; --Geisinger Authority (PA) (Penn State Geisinger Health System), health sys rev bonds, series 1998B (liquidity facility: Morgan Guaranty Trust Co. of New York) 'AA/F1'; --Harris County Health Facilities Development Corp. (TX) (St. Dominic Village Proj), adj-rate demand rev bonds, series 2000 (LOC: Chase Manhattan Bank) 'A+/F1'; --Harris County Health Facilities Development Corp. (TX) (Texas Children's Hospital Texas Children's Hospital is an internationally recognized pediatric hospital located in the Texas Medical Center in Houston. With 639 licensed beds and 465 beds in operation, Texas Children's is the largest children's hospital in the United States. Proj), hosp rev bonds series 1999B-1 (insured: MBIA) (liquidity facility: Morgan Guaranty Trust Co. of New York) 'AAA/F1'; --Harris County Health Facilities Development Corp. (TX) (Texas Children's Hospital Proj), hosp rev bonds, series 1999B-2 (insured: MBIA) (liquidity facility: Morgan Guaranty Trust Co. of New York) 'AAA/F1'; --Houston Higher Education Finance Corp. (TX) (Houston Baptist University Houston Baptist University (commonly abbreviated HBU) is a private Baptist institution founded in 1960. It is located in the southwest part of Houston, Texas near the Southwest Freeway. Proj), higher educ rev & rfdg bonds, series 2000 (LOC: Chase Bank of Texas, N.A.) 'A+/F1'; --Illinois Development Finance Authority (IL) (Jewish Federation of Metropolitan Chicago Projs), var-rate demand rev bonds, series 2002 (insured: Ambac) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --Indiana Health Facilities Financing Authority (IN) (Clarian Health Obligated ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. Group), var-rate demand hosp rev bonds, series 2000B (liquidity facility: The Chase Manhattan Bank) 'AA/F1'; --Iowa Finance Authority (IA) (Trinity Health Credit Group), var-rate rfdg & rev bonds, series 2000D (liquidity facility: Morgan Guaranty Trust Co. of NY) 'AA-/F1'; --Jay Street Development Corp. (NY) (New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. - Jay Street Proj), adj-rate court facil lease rev bonds, series fiscal 2001A-1 (LOC: Morgan Guaranty Trust Co. of NY) 'A+/F1'; --Long Island Power Authority (NY), elect sys sub rev bonds, series 3A (LOC: Morgan Guaranty Trust Co. of NY) 'A+/F1'; --Los Angeles Department of Airports (CA) (Los Angeles International Airport “LAX” redirects here. For other uses, see LAX (disambiguation). “KLAX” redirects here. For other uses, see KLAX (disambiguation). Los Angeles International Airport (IATA: LAX, ICAO: KLAX, FAA LID: LAX ), CP notes (AMT See vPro. ), series B (LOC: Bayerische Landesbank Girozentrale, Landesbank Baden-Wurttemburg, JPMorgan Chase Bank, & Westdeutsche Landesbank Girozentrale) 'F1'; --Los Angeles Department of Airports (CA), (Los Angeles International Airport) CP notes (non-AMT), series A (LOC: Bayerische Landesbank Girozentrale, Landesbank Baden-Wurttemburg, JPMorgan Chase Bank, & Westdeutsche Landesbank Girozentrale) 'F1'; --Los Angeles Department of Airports (CA) (Los Angeles International Airport) CP notes, series C (LOC: Bayerische Landesbank Girozentrale, Landesbank Baden-Wurttemburg, JPMorgan Chase Bank, & Westdeutsche Landesbank Girozentrale) 'F1'; --Massachusetts Health & Educational Facilities Authority (MA) (Partners HealthCare System, Inc.), rev bonds, series P-1 & P-2 (liquidity facility: Morgan Guaranty Trust Co. of NY) 'AA-/F1'; --Massachusetts Water Resources Authority (MA) CP notes, series 1994 (LOC: Morgan Guaranty Trust Co. of New York) 'F1'; --Metropolitan Higher Education Authority The Higher Education Authority[1] (HEA) is the authority in Ireland with responsibility for higher education since 1968 and placed on a statutory basis in 1971. The authority supports HEAnet, part of the GEANT network. , Inc. (University of Dallas The University of Dallas is a Catholic institution. It seeks to educate its students to develop the intellectual and moral virtues, to prepare themselves for life and work, and to become leaders in the community. Proj.), var-rate demand higher educ rev bonds, series 1999 (LOC: Chase Bank of Texas, N.A.) 'A+/F1'; --Metropolitan Washington Airports Authority (DC), airport sys rev CP notes (AMT), series 1 (LOC: JPMorgan Chase Bank) 'F1'; --Michigan State Hospital Finance Authority (MI) (Trinity Health Credit Group), var-rate rfdg & rev bonds, series 2000E (liquidity facility: Morgan Guaranty Trust Co. of NY, Chase Manhattan Bank, Northern Trust Co.) 'AA-/F1'; --Missouri Development Finance Board (MO) (Nelson Gallery Foundation), var-rate demand cultural facils rev bonds ser 2001B (insured: MBIA) (liquidity facility: JP Morgan Chase Bank) 'AAA/F1'; --Monroe County Industrial Development Agency (NY) (Eldre Corporation Proj), var-rate demand industrial devel rev bonds, series 2000 (LOC: The Chase Manhattan Bank) 'A+/F1'; --Monroe County Industrial Development Agency (NY) (Hover-Davis, Inc.), var-rate demand industrial devel rev bonds, series 2000 (LOC: Chase Manhattan Bank) 'A+/F1'; --Montgomery County (OH) (MedAmerica Health Systems -- Miami Valley Hospital), rev bonds, series 1998B (liquidity facility: Morgan Guaranty Trust Co. of New York) 'AA-/F1'; --New Jersey Sports & Exposition Authority (NJ), state contract bonds, series 2002B-1 (insured: MBIA) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --New Jersey Sports & Exposition Authority (NJ), state contract bonds, series 2002B-2 (insured: MBIA) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --New Jersey Sports & Exposition Authority (NJ), state contract bonds, series 2002C (insured: MBIA) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1994A-7 (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1994E-2 (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1994E-5, (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1995B-7, (insured: Ambac) (liquidity facility: Morgan Guaranty Trust Co.) 'AAA/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1995B-9 (LOC: Chase Manhattan Bank N.A.) 'A+/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1995F-3 (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1995F-6, (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City (NY), adj-rate GO bonds, series fiscal 1996J-3 (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City Health & Hospitals Corp. (NY), health sys bonds, series 1997A, (LOC: Morgan Guaranty Trust Co. of New York) 'A+/F1'; --New York City Industrial Development Agency (NY) (S.W.A.K., Inc. Proj), industrial devel rev bonds, series 2000 (LOC: Chase Manhattan Bank) 'A+/F1'; --New York City Municipal Water Finance Authority (NY), adj-rate wtr & swr sys rev bonds, series fiscal 2001F-2 (liquidity facility: JP Morgan Chase & Co.) 'AA/F1'; --New York City Transitional Finance Authority (NY), recovery bonds, series fiscal 2003-1C, (liquidity facility: JPMorgan Chase Bank) 'AA+/F1'; --North Carolina Municipal Power Agency No. 1 (NC), Catawba elect rev CP, series A (LOC: Morgan Guaranty Trust Co. of New York & Union Bank of Switzerland, NY) 'F1'; --Polly Ryon Hospital Authority (TX) (Polly Ryon Memorial Hospital), hosp rev bonds, series 1999, (LOC: Chase Bank of Texas, N.A.) 'A+/F1'; --Sacramento Municipal Utility District (CA), CP notes, series I, (LOC: Bayerische Landesbank Girozentale, NY, Morgan Trust Co. of New York, & West Deutsche Landesbank Girozentale, NY) 'A+/F1'; --San Francisco (City & County) Airport Commission (CA), sub CP notes (AMT), series A (LOC: Westdeutsche Landesbank Girozentrale, Landesbank Baden-Wurttenberg, JPMorgan Chase Bank) 'F1'; --San Francisco (City & County) Airport Commission (CA), sub CP notes (non-AMT), series B (LOC: Westdeutsche Landesbank Girozentrale, Landesbank Baden-Wurttenberg, JPMorgan Chase Bank) 'F1'; --San Francisco (City & County) Airport Commission (CA) sub CP notes, series C (LOC: Westdeutsche Landesbank Girozentrale, Landesbank Baden-Wurttenberg, JPMorgan Chase Bank) 'F1'; --San Jose (CA) (San Jose International Airport For the Costa Rican airport, see . Norman Y. Mineta San Jose International Airport (IATA: SJC, ICAO: KSJC, FAA LID: SJC) is a medium-sized airport in San Jose, California. ) sub CP notes (AMT), series B (LOC: Morgan Guaranty Trust Co. of NY) 'F1'; --San Jose (CA) (San Jose International Airport) sub CP notes (non-AMT), series A (LOC: Morgan Guaranty Trust Co. of NY) 'F1'; --San Jose (CA) (San Jose International Airport) sub CP notes, series C (LOC: Morgan Guaranty Trust Co. of New York) 'F1'; --Utah Water Finance Agency (UT), var-rate tender option prog v. i. 1. To wander about and beg; to seek food or other supplies by low arts; to seek for advantage by mean shift or tricks. [ imp. & p. p. os> ( ) r>. p. pr. & vb. n. os> --Utah Water Finance Agency (UT), var-rate tender option prog rev bonds, series A-2 (insured: Ambac) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --Utah Water Finance Agency (UT), var-rate tender option prog rev bonds, series A-3, (insured: Ambac) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --Utah Water Finance Agency (UT), var-rate tender option prog rev bonds, series A-4, (insured: Ambac) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --Utah Water Finance Agency (UT), var-rate tender option prog rev bonds, series A-5 (insured: Ambac) (liquidity facility: JPMorgan Chase Bank) 'AAA/F1'; --West Memphis (AR) (S-B S-B Stoer-Bulirsch (sampling algorithm) Power Tool Proj), industrial devel rev bonds (taxable), series 2000A, (LOC: Chase Manhattan Bank) 'A+/F1'. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion