S&P Corrects Ratings On 20 Bond Series To 'AAA/Negative'

NEW YORK (Standard&Poor's) Oct. 26, 2009--Standard&Poor's Ratings Services corrected its 'AAA' ratings on 20 series of bonds by removing them from CreditWatch Negative (see list below). The outlook is negative. These series are all guaranteed by bond insurance policies from Financial Security Assurance Inc. (FSA; AAA/Negative). On April 21, 2009, we affirmed our rating on FSA and removed it from CreditWatch Negative. Due to an administrative error, we did not contemporaneously remove the ratings on the bonds from CreditWatch Negative (see ?Financial Security Assurance Inc. 'AAA' Rating Removed From CreditWatch Negative And Affirmed; Outlook Negative,? published April 21, 2009, on RatingsDirect). Ratings Corrected To 'AAA/Negative' Board of Education of the City of Chicago, Ill., unlimited tax

...NEW YORK (Standard & Poor's) Oct. 26, 2009--Standard & Poor's Ratings Services corrected its '###' ratings on 20 series of bonds by removing them from CreditWatch Negative (see list below). The outlook is negative. These series are all guaranteed by bond insurance policies from Financial Security Assurance Inc. (FSA; ###/Negative). On April 21, 2009, we affirmed our rating on FSA and removed it from CreditWatch Negative. Due to an administrative error, we did not contemporaneously remove the ratings on the bonds from CreditWatch Negative (see "Financial Security Assurance Inc. '###' Rating Removed From CreditWatch Negative And Affirmed; Outlook Negative," published April 21, 2009, on RatingsDirect). Ratings Corrected To '###/Negative' Board of Education of the City of Chicago, Ill., unlimited tax general obligation bonds (Dedicated Revenues) series 2000D District of Columbia, multimodal general obligation bonds, series 2000A District of Columbia, multimodal general obligation bonds, Subseries...

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