S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A - S&P Global Ratings’ Credit Research

S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A

S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A - S&P Global Ratings’ Credit Research
S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A
Published Sep 01, 2010
1099 words — Published Sep 01, 2010
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Abstract:

NEW YORK (Standard&Poor's) Sept. 1, 2010--Standard&Poor's Ratings Services today corrected its rating on Michigan Higher Education Student Loan Authority's student loan revenue bonds series XVII-A to 'AA (sf)/Watch Neg' from 'AAA (sf)' (see list). Due to an error, we did not publish our 'AAA (sf)' rating at issuance in 1996 and did not include these bonds in our Aug. 9, 2010, CreditWatch action on other series of bonds from this issuer. For additional information about the CreditWatch placement, please see "Various Actions Taken On Transactions From 14 Municipal Issuer Trusts Containing Mix Of FFELP And Private Student Loans," published Aug. 9, 2010. The corrected rating reflects the Standard&Poor's underlying rating (SPUR) on the bonds,

  
Brief Excerpt:

RESEARCH S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A Publication date: 01-Sep-2010 Primary Credit Analyst: Frank J Trick, New York (1) 212-438-1108; frank_trick@standardandpoors.com...

  
Report Type:

Ratings Action

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Global Issuers, Public Finance, Structured Finance
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MLA:
S&P Global Ratings’ Credit Research. "S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A" Sep 01, 2010. 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-Student-Loan-Revenue-Bonds-Series-XVII-A-818334>
  
APA:
S&P Global Ratings’ Credit Research. (). S&P Corrects Rating On Michigan Higher Education Student Loan Authority Student Loan Revenue Bonds Series XVII-A Sep 01, 2010. 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-Student-Loan-Revenue-Bonds-Series-XVII-A-818334>
  
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