Home Credit Ratings and Research S&P Global Ratings’ Credit Research Connecticut Hlth&Educl Facs Auth

Connecticut Health&Educational Facilities Authority's Revenue Bonds Rated 'AA'

Published Nov 01, 1999

About This Report

Abstract:

NEW YORK (Standard&Poor's CreditWire) Nov. 1, 1999--Standard&Poor's today assigned its double-'A' rating to Connecticut Health&Educational Facilities Authority's $23 million revenue bonds state university system issue series C dated Nov. 15, 1999 due Nov. 1, 2000-2019, issued for Connecticut State University System. The bonds are scheduled to sell Nov. 16, 1999. The rating reflects the security provided by the special capital reserve fund (SCRF) guaranteed by the state of Connecticut. The SCRF is the ultimate layer of security, and will only be accessed if the system's GO pledge of university receipts is insufficient. This reserve fund - required to equal maximum annual debt service -- is funded up front with bond proceeds. If the reserve

Report Type:

Ratings Action

Issuer

Connecticut Hlth&Educl Facs Auth

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: Connecticut Hlth&Ed Fac Auth; General Obligation, State Lease – 1999/11/02 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation – 2000/01/04 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation – 2000/01/14 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation – 2000/01/20 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Pf Structured, Letter of Credit – 2000/02/22 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Pf Structured, Letter of Credit – 1999/10/25 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Revenue - Health Care, Hospital; Revenue - Health Care, Other; Revenue - Health Care, System – 1999/08/23 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Revenue - Higher Education, Independent Schools – 1999/08/20 – US$ 225.00

Summary: Connecticut Hlth&Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation – 1999/08/17 – US$ 225.00

Connecticut Health&Educational Facilities Authority/Miss Porter's School Revs Rated A+ – 1999/08/11 – US$ 150.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings 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.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Connecticut Health&Educational Facilities Authority's Revenue Bonds Rated 'AA'" Nov 01, 1999. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Health-Educational-Facilities-Authority-s-Revenue-Bonds-Rated-AA-129881>

APA:	S&P Global Ratings’ Credit Research. (). Connecticut Health&Educational Facilities Authority's Revenue Bonds Rated 'AA' Nov 01, 1999. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Health-Educational-Facilities-Authority-s-Revenue-Bonds-Rated-AA-129881>

US$ 150.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.