New York State Dormitory Authority/New York State's 4201 School Fac Program Rev Bonds Rated A Nov 00

Standard & Poors, November 2000

Abstract
NEW YORK (Standard & Poor's CreditWire) Nov. 15, 2000--Standard & Poor's today assigned its single-'A' rating to New York State Dormitory Authority's $13.85 million 4201 school facility program revenue bonds series 2000 dated Nov. 1, 2000, due July 1, 2020, issued for New York State. The bonds are scheduled to sell on Nov. 16, 2000. In addition, Standard & Poor's affirmed its single-'A' rating on the authority's outstanding 4201 school facility program revenue bonds, issued for the state. The outlook is stable. The rating reflects: -- New York State's general creditworthiness as lessee; -- The payment of debt service subject to annual state appropriation; -- Additional credit security provided by the deposit of the state appropriation on behalf of the...

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

Action: New Rating

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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.

- New York State Dorm Auth

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