NY – Standard&Poor's CreditWire 3/24/98 – Standard&Poor's today assigned its double-'A'-minus rating to Connecticut Health and Educational Facilities Authority's revenue bonds series F dated April 1, 1998 due July 1, 2024, issued for Trinity College. The bonds are scheduled to sell April 7, 1998. The rating reflects: -- Very strong liquidity balances vis-a-vis both operations and pro forma debt; -- Good revenue diversity; -- Stable enrollment trends; and -- Increasing admissions selectivity. A higher rating is precluded by the university's small size and competitive pressures evidenced by a somewhat weak matriculation rate of less than 30%. Proceeds will refinance outstanding authority bonds series C and D, also issued for Trinity College, and provide $4 million in
