Dartmouth College, New Hampshire; CP; Private Coll/Univ - General Obligation Dec 11
Standard & Poors, December 2011
Abstract
Standard & Poor's Ratings Services lowered its short-term rating to 'A-1' from 'A-1+' on Dartmouth College, N.H.'s existing variable rate demand bonds (VRDBs). The lowered rating reflects that of the college's standby bond purchase agreement (SBPA) providers, U.S. Bank National Association and JP Morgan Chase Bank N.A. At the same time, Standard & Poor's affirmed its 'AA+' long-term rating on the college's fixed-rate bonds issued by the Trustees of Dartmouth College, and the New Hampshire Health & Educational Facilities Authority. Finally, Standard & Poor's affirmed its 'A-1+' short-term rating on the college's commercial paper (CP) program. The outlook on all long-term debt is stable. For more information regarding the SBPA providers, please see the articles published Nov. 29, 2011, for...
Companies mentioned in this report are: Dartmouth Coll,New Hampshire Hlth & Educl Facs Auth,Trustees of Dartmouth College
Action: Downgraded
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
Dartmouth Coll,New Hampshire Hlth & Educl Facs Auth,Trustees of Dartmouth College
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
