Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To 'AA/A-1+' - S&P Global Ratings’ Credit Research

Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To 'AA/A-1+'

Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To 'AA/A-1+' - S&P Global Ratings’ Credit Research
Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To 'AA/A-1+'
Published Aug 03, 2007
397 words — Published Aug 03, 2007
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Abstract:

NEW YORK (Standard&Poor's) Aug. 3, 2007--Standard&Poor's Ratings Services raised its rating on Rochester (Mayo Clinic), MN Morgan Stanley Bank liquidity facility-backed variable demand revenue bonds series 2000A to 'AA/A-1+' from 'AA/A-1'. This action follows Standard&Poor's July 30, 2007, upgrade of Morgan Stanley Bank to 'AA-/A-1+' from 'A+/A-1'. The long-term component of the rating is based on the obligor, Mayo Clinic (AA). The short-term component of the rating is based solely on the liquidity facility provided by Morgan Stanley Bank scheduled to expire on Jan. 17, 2008.

  
Brief Excerpt:

RESEARCH Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To '##/A-1+' Publication date: 03-Aug-2007 NEW YORK (Standard & Poor's) Aug. 3, 2007--Standard & Poor's Ratings Services raised its rating on Rochester (Mayo...

  
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Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To 'AA/A-1+'" Aug 03, 2007. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Rochester-Mayo-Clinic-MN-Morgan-Stanley-Bank-Backed-Bonds-Raised-To-AA-A-1-594614>
  
APA:
S&P Global Ratings’ Credit Research. (). Rochester (Mayo Clinic), MN Morgan Stanley Bank-Backed Bonds Raised To 'AA/A-1+' Aug 03, 2007. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Rochester-Mayo-Clinic-MN-Morgan-Stanley-Bank-Backed-Bonds-Raised-To-AA-A-1-594614>
  
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