Summary: New York State Dormitory Authority Gurwin Jewish Geriatric Center; Multifamily FHA Insurance Oct 08
Standard & Poors, October 2008
Abstract
Standard & Poor's Ratings Services placed its 'AA' rating on New York State Dormitory Authority's (Gurwin Jewish Geriatric Center) series 2005 A and 2005 B bonds on CreditWatch with negative implications. This action follows Standard & Poor's placement of Citibank N.A. on CreditWatch with negative implications. All affected bond issues receive partial support in the form of letters of credit from Citibank N.A....
Companies mentioned in this report are:
- New York State Dorm Auth
Action: On CreditWatch:Negative
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.
- New York State Dorm Auth
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