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S&P Corrects Rating On University of Rhode Island Series 2009A, 2009B, And 2010B Bonds To 'AA-' Dec 11

Standard & Poors, December 2011

Abstract
BOSTON (Standard & Poor's) Dec. 19, 2011--Standard & Poor's Ratings Services has corrected its rating on Rhode Island Health & Educational Building Corp.'s series 2009A educational and general revenue bonds and series 2009B and 2010B auxiliary enterprise revenue bonds, all issued for the University of Rhode Island, to 'AA-' from 'AA+'. The outlook is stable....

Companies mentioned in this report are: University of Rhode Island,Rhode Island Hlth & Educl Bldg Corp
Action: Downgraded
Action: Outlook: Stable

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.

University of Rhode Island,Rhode Island Hlth & Educl Bldg Corp

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