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Dartmouth College, New Hampshire; CP; Private Coll/Univ - General Obligation Dec 11
Standard & Poors, December 2011
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
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Dartmouth Coll,New Hampshire Hlth & Educl Facs Auth,Trustees of Dartmouth College