Summary: Private College & University Authority, Georgia Agnes Scott College; Joint Criteria

Standard & Poors, March 2011

Abstract
Standard & Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Private College & University Authority, Ga.'s (Agnes Scott College Project) education variable-rate demand obligation bonds series 2004B due to the bank facility being extended to Oct. 5, 2011. The long-term component of the rating is based jointly (assuming low correlation) on the rating of the obligor Agnes Scott College, and the letter of credit provider, Wells Fargo Bank N.A. The short-term component of the rating is based solely on Wells Fargo Bank N.A. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009 Criteria: Joint Support Criteria Update, April 22, 2009 USPF Criteria: Municipal Applications For Joint Support Criteria, June 25, 2007

Article Type:SUMMARY
Companies mentioned in this report are: Agnes Scott Coll,Private Coll & Univ Auth
Action: Affirmed

Agnes Scott Coll,Private Coll & Univ Auth

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