Summary: New York State Dormitory Authority Cornell University; Liquidity Facility; Private Coll/Univ - General Obligation Dec 08

Standard & Poors, December 2008

Abstract
Standard & Poor's Ratings Services affirmed its 'AA+/A-1+' rating on New York State Dormitory Authority's (Cornell University) multimode variable-rate demand series 1990B and revenue bonds series 2000A and B due to the extension of the liquidity facility to Nov. 16, 2009. The long-term component of the rating is based on Cornell University. The short-term component of the rating is based on JP Morgan Chase Bank N.A....

Companies mentioned in this report are:
- Cornell Univ
- New York State Dorm Auth

Action: Affirmed

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

- Cornell Univ
- New York State Dorm Auth

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