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Fitch Rates J.P. Morgan Securities Inc. PUTTERs & DRIVERs, Series 3614


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© Business Wire 2009
2009-11-25 16:44:02 -

Fitch Ratings has assigned a rating of 'AA/F1+' to the puttable tax-exempt receipts, series 3614 (PUTTERs) and a rating of 'AA' to the derivative inverse tax-exempt receipts, series 3614 (DRIVERs). The long-term rating assigned to the PUTTERs and DRIVERs is based on the long-term 'AA' rating assigned by Fitch to the Washington Health Care Facilities Authority, revenue bonds, series 2009

(Seattle Children's Hospital), deposited in the J.P. Morgan PUTTERs/DRIVERs Trust series 3614.

The short-term 'F1+' rating assigned to the PUTTERs is based on the liquidity facility provided by JPMorgan Chase Bank, N.A. The 'F1+' rating will expire on Nov. 24, 2010, the expiration date of the liquidity facility, unless such date is extended or earlier terminated.

Additional information is available at ' www.fitchratings.com : '.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS : .

IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE ' WWW.FITCHRATINGS.COM : '.

PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE.

Fitch RatingsMary Jane Ziga +1-212-908-0529, New York.Media
Relations:Cindy Stoller, +1-212-908-0526 (New York) cindy.stoller@fitchratings.com : mailto:cindy.stoller@fitchratings.com


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