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Summary: Dartmouth Coll, NH; Higher Education, Private Coll/Univ - General Obligation Mar 03 Product Image

Summary: Dartmouth Coll, NH; Higher Education, Private Coll/Univ - General Obligation Mar 03

  • Published: March 2003
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has assigned its 'AAA'/'A-1+' rating to the New Hampshire Health and Education Facilities Authority's revenue bonds, series 2003, issued for Dartmouth College. Standard & Poor's has also affirmed its 'AAA' and 'A-1+' ratings on the authority's outstanding debt, issued for Dartmouth. The 'AAA' rating reflects impressive undergraduate and graduate demand profiles, excellent student quality, historically strong financial results, a large endowment totaling over $2 billion that has recorded significant growth over the last five years, and a manageable debt burden. The 'A-1+' rating reflects the college's commitment and ability to provide liquidity support in the event of a failed remarketing. In order to supplement its own liquidity, the college has in place a standby bond...

Companies mentioned in this report are: Dartmouth Coll,New Hampshire Hlth & Educl Facs Auth
Action: New Rating

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Dartmouth Coll,New Hampshire Hlth & Educl Facs Auth

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