(Editor's Note: In the press release that ran July 28, 1998, the name of the Georgia Housing and Finance Authority was incorrectly stated. What follows is the corrected version within the text). NY -- Standard&Poor's CreditWire 7/29/98 – Standard&Poor's today raised its ratings on Georgia Housing and Finance Authority's $524.9 million single-family mortgage bonds series 1986A, 1987A and B, 1988A-C, 1993 A-C, 1994A-C, 1995A and B, 1996 A and B, 1997A-C, and 1998A to triple-'A' from double-'A'-plus. Standard&Poor's also raised its rating on the authority's outstanding single-family mortgage bonds series 1997 to triple-'A' from double-'A'-plus/'A-1'-plus. The upgrade to triple-'A' reflects: -- The quality of the mortgage loan collateral; -- Strength of the indenture cash
