S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To 'AA' - S&P Global Ratings’ Credit Research

S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To 'AA'

S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To 'AA' - S&P Global Ratings’ Credit Research
S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To 'AA'
Published Sep 03, 2009
488 words — Published Sep 03, 2009
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Abstract:

NEW YORK (Standard&Poor's) Sept. 3, 2009--Standard&Poor's Ratings Services today corrected its rating on Michigan Higher Education Student Loan Authority's student loan revenue bonds series XII-N by raising the long-term rating on the bonds to 'AA' from 'A' (see list). The 'A' ratings were not previously raised to 'AA' due to an analytical process error. RELATED RESEARCH "Principles-Based Rating Methodology For Global Structured Finance Securities," published May 29, 2007; "Student Loan Criteria: Student Loan Programs," published Oct. 1, 2004; "Student Loan Criteria: The Rating Process For Student Loan Transactions," published Oct. 1, 2004; "Student Loan Criteria: Evaluating Risk In Student Loan Transactions," published Oct. 1, 2004; "Student Loan Criteria: Structural Elements In Student Loan Transactions," published Oct.

  
Brief Excerpt:

RESEARCH S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To '##' Publication date: 03-Sep-2009 Primary Credit Analyst: Huma Shi, New York (1) 212-438-4421; huma_shi@standardandpoors.com...

  
Report Type:

Ratings Action

Issuer
Michigan Finance Authority
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To 'AA'" Sep 03, 2009. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Rating-On-Michigan-Higher-Education-Student-Loan-Authority-Series-XII-N-Raises-Rating-To-AA-744535>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Rating On Michigan Higher Education Student Loan Authority Series XII-N; Raises Rating To 'AA' Sep 03, 2009. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/S-P-Corrects-Rating-On-Michigan-Higher-Education-Student-Loan-Authority-Series-XII-N-Raises-Rating-To-AA-744535>
  
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