Summary: Connecticut Hlth&Ed Fac Auth; Public Finance Structured, Insured Liquidity - S&P Global Ratings’ Credit Research

Summary: Connecticut Hlth&Ed Fac Auth; Public Finance Structured, Insured Liquidity

Summary: Connecticut Hlth&Ed Fac Auth; Public Finance Structured, Insured Liquidity - S&P Global Ratings’ Credit Research
Summary: Connecticut Hlth&Ed Fac Auth; Public Finance Structured, Insured Liquidity
Published Mar 13, 2001
Published Mar 13, 2001
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Abstract:

The rating on Connecticut Health and Educational Facilities Authority's bonds, issued on behalf of Yale-New Haven Hospital, is affirmed as of Feb. 15, 2001, following the substitution of the liquidity facility provider. Financial Guaranty Assistance Co. continues to insure the bonds, which is the basis for the long-term rating. Westdeutsche Landesbank Girozentrale (WestLB) and Fleet National Bank have replaced Mellon Bank as liquidity providers. WestLB will provide a Standby liquidity LOC to support a standby bond purchase agreement provided by Fleet National Bank. In the event that Fleet National Bank cannot support a draw on its liquidity facility, the WestLB facility would be drawn upon. Thus, the short-term rating is based upon that of WestLB. The WestLB liquidity facility will

  
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Summary

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Global Issuers, Public Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Connecticut Hlth&Ed Fac Auth; Public Finance Structured, Insured Liquidity" Mar 13, 2001. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Connecticut-Hlth-Ed-Fac-Auth-Public-Finance-Structured-Insured-Liquidity-186061>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Connecticut Hlth&Ed Fac Auth; Public Finance Structured, Insured Liquidity Mar 13, 2001. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Connecticut-Hlth-Ed-Fac-Auth-Public-Finance-Structured-Insured-Liquidity-186061>
  
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