| Abstract: | Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to New York State Dormitory Authority's $100.0 million series 2009A lease-revenue bonds, issued for the State University of New York (SUNY) for dormitories and attendant facilities. In addition, Standard&Poor's affirmed its 'AA-' underlying rating (SPUR) and long-term rating on the authority's outstanding lease-revenue bonds, also issued for SUNY. The outlook is stable. The 'AA-' rating reflects SUNY's general obligation (GO) pledge, which is supported by the university's: Large, comprehensive nature with a diverse mix of undergraduate, graduate, professional programs and a substantial research base; Solid student demand profile characterized by increasing enrollment, and improving student quality and retention; Revenue-base diversity, including hospitals and growing research, grants, and contracts;
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