Summary: University of Southern Indiana; Letter of Credit - 2009/11/03 - S&P Credit Research

Report title: Summary: University of Southern Indiana; Letter of Credit

from S&P Credit Research
767 word report published Nov 03, 2009

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Standard&Poor's Ratings Services affirmed its 'AA-/A-1+' rating on University Of Southern Indiana, Ind's variable-rate demand bonds, series 1999G, due to the bank facility being extended to Oct. 15, 2010. The long-term and short-term components of the rating are based on the rating on JPMorgan Chase Bank, N.A.. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009

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RESEARCH Ratings Definitions Summary: University of Southern Indiana; Letter of Credit Publication date: 03-Nov-2009 Primary Credit Analyst: Santos Souffront, New York (1) 212-438-2197; santos_souffront@standardandpoors.com Secondary...

Report Type:

Summary

Issuer:

University of Southern Indiana

Sector:

Public Finance

Country:

United States

Region:

United States

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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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