NEW YORK (Standard&Poor's CreditWire) July 20, 1999--Standard&Poor's today assigned its triple-'A' rating to New Jersey Educational Facilities Authority's $50 million revenue bonds series 1999B, issued for Princeton University. The bonds are scheduled to sell July 27, 1999. Standard&Poor's also affirmed its triple-'A' rating on the authority's $79.98 million revenue series 1988A, 1990A, 1991A, 1992F, 1993B, 1994A, 1995C, 1996C, 1997E, 1998E, F and 1999A, issued for the university. In addition, Standard&Poor's affirmed its triple-'A' rating on the university's $46.28 million taxable series 1994A 1994B and 1994C and $100 million commercial paper program series 1997, issued for the university. Standard&Poor's also affirmed its 'A-1'-plus rating on the authority's $120 million tax-exempt commercial
