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Connecticut Health and Education Facility Authority Bonds Raised to 'AA-/A-1+'

Published Oct 31, 2003

384 words — Published Oct 31, 2003

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Abstract:

NEW YORK (Standard&Poor's) Oct. 31, 2003--Standard&Poor's Ratings Services raised its rating on Connecticut Health and Education Facility Authority's (Forman School) $4 million variable-rate demand bonds to 'AA-/A-1+' from 'A+/A-1' following the substitution of the letter of credit provided by Fleet Bank N.A. with a letter of credit provided by Citizens Bank of Rhode Island on Oct. 31, 2003. The anticipated expiration date for the new letter of credit is Oct. 31, 2008, and its terms and conditions are substantially similar to those of the substituted letter of credit. Complete ratings information is available to subscribers of RatingsDirect, Standard&Poor's Web-based credit analysis system, at www.ratingsdirect.com. All ratings affected by this rating action can be found

Brief Excerpt:

RESEARCH Connecticut Health and Education Facility Authority Bonds Raised to '##-/A-1+' Publication date: 31-Oct-2003 NEW YORK (Standard & Poor's) Oct. 31, 2003--Standard & Poor's Ratings Services raised its rating on Connecticut Health...

Report Type:

Ratings Action

Issuer

Connecticut Hlth&Educl Facs Auth

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Connecticut Health and Education Facility Authority Bonds Raised to 'AA-/A-1+'" Oct 31, 2003. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Health-and-Education-Facility-Authority-Bonds-Raised-to-AA-A-1-342256>

APA:	S&P Global Ratings’ Credit Research. (). Connecticut Health and Education Facility Authority Bonds Raised to 'AA-/A-1+' Oct 31, 2003. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Connecticut-Health-and-Education-Facility-Authority-Bonds-Raised-to-AA-A-1-342256>

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