NEW YORK (Standard & Poor's CreditWire) Sept. 27, 2000-- Standard & Poor's today assigned its single-'A' rating to New York StateDormitory Authority's $144.73 million mental health service facilities improvement revenue bonds series 2000D dated Oct. 1, 2000, due Aug. 15, 2030. The bonds are scheduled to sell on Oct. 4, 2000. In addition, Standard & Poor's today affirmed its single-'A' rating and single-'A' Standard & Poor's underlying rating (SPUR) on the authority's outstanding health service facilities improvement revenue bonds. Standard & Poor's also affirmed its single-'A' rating on New York State Medical Care Facilities Finance Agency's outstanding health service facilities improvement revenue bonds. The outlook is stable. The rating reflects: -- The state's strong legislative history of support for appropriation-backed...
Companies mentioned in this report are:
- Dorm Auth of the St of New York
- New York State
- New York St Med Care Fac Fin Agy
Action: New Rating
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article. SHOW LESS READ MORE >