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Summary: New York State Dormitory Authority Cornell University; Private Coll/Univ - General Obligation May 09 Product Image

Summary: New York State Dormitory Authority Cornell University; Private Coll/Univ - General Obligation May 09

  • ID: 1952353
  • May 2009
  • Region: New York
  • Standard & Poors

FEATURED COMPANIES

  • Cornell Univ
  • New York State Dorm Auth
  • MORE

Abstract
Standard & Poor's Ratings Services affirmed its 'AA/A-1' rating on New York State Dormitory Authority's (Cornell University) revenue bonds series 2008B due to the bank facility being extended to April 9, 2011. The long-term component of the rating is based on the obligor. The short-term component of the rating is based on Bank of America N.A. The stable outlook is based on the obligor. USPF Criteria: "Bank Liquidity Facilities," June 22, 2007...

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

Action: Affirmed

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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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