S&P Asgns Rtg to CorTS Tr For Ford Debentures Certs

    NEW YORK--Standard & Poor's--Feb. 28, 2001-- Standard & Poor's today assigned its single-'A' rating to $300 million 7.4% corporate-backed trust securities (CorTS(R)) certificates issued by CorTS(R) Trust For Ford Debentures.
    The rating reflects the credit quality of the underlying debentures, $300 million of Ford Motor Co.'s 7.4% debentures due Nov. 1, 2046, (single-'A'), and addresses the likelihood of the trust making payments on the certificates as required under the trust agreement, Standard & Poor's said.--CreditWire