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New York State Dormitory Authority Mount Sinai School Of Medicine Of New York University; Private Coll/Univ - General Obligation Oct 10 Product Image

New York State Dormitory Authority Mount Sinai School Of Medicine Of New York University; Private Coll/Univ - General Obligation Oct 10

  • ID: 1953975
  • October 2010
  • Region: New York
  • Standard & Poors

FEATURED COMPANIES

  • New York State Dorm Auth
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'A-' long-term rating to the $86.7 million series 2010A tax-exempt revenue bonds to be issued by New York State Dormitory Authority for Mount Sinai School of Medicine of New York University. At the same time, Standard & Poor's affirmed its 'A-' long-term ratings on revenue bonds previously issued for the school. The 'A-' rating reflects our view of the school's general obligation pledge and mortgage lien under a loan agreement with the authority and the stand-alone medical school's: Solid demand for academic programs and related services, with a high level of applications and a low acceptance rate, coupled with an increasing research program with approximately $265 million of federally sponsored research funding in...

Companies mentioned in this report are:
- Mount Sinai Sch of Medicine
- 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

- Mount Sinai Sch of Medicine
- New York State Dorm Auth

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