• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
New York State Dormitory Authority State University Of New York; Appropriations; Public Coll/Univ - Unlimited Student Fees Jul 06 Product Image

New York State Dormitory Authority State University Of New York; Appropriations; Public Coll/Univ - Unlimited Student Fees Jul 06

  • ID: 1953731
  • July 2006
  • Region: New York
  • Standard & Poors

FEATURED COMPANIES

  • New York State Dorm Auth
  • State Univ Of New York
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'AA-' rating to Dormitory Authority of the State of New York's $88 million lease-revenue bonds, series 2006A, issued for the State University of New York (SUNY). In addition, Standard & Poor's affirmed its 'AA-' underlying rating (SPUR) and standard long-term rating on the authority's lease-revenue debt, also issued for SUNY. The 'AA-' rating reflects SUNY's GO pledge, which is supported by the university's: Large, comprehensive nature and improving demand for academic programs; Increasingly diverse base of revenues, including growing research, grants, and contracts; Good history of operating and capital support provided by New York, which places the university among the better funded of U.S. public universities, and an increase in appropriations slated for...

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

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: Full Analysis

- State Univ Of New York
- New York State Dorm Auth

Note: Product cover images may vary from those shown

RELATED PRODUCTS