Summary: Connecticut Hlth&Educl Facs Auth; Housing, Multifamily FHA Insurance - S&P Global Ratings’ Credit Research

Summary: Connecticut Hlth&Educl Facs Auth; Housing, Multifamily FHA Insurance

Summary: Connecticut Hlth&Educl Facs Auth; Housing, Multifamily FHA Insurance - S&P Global Ratings’ Credit Research
Summary: Connecticut Hlth&Educl Facs Auth; Housing, Multifamily FHA Insurance
Published Apr 03, 2006
Published Apr 03, 2006
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Abstract:

The 'AAA' rating on Connecticut Health and Educational Facilities Authority's CTFHA-insured mortgage revenue refunding bonds series 1999B (Hebrew Home and Hospital Project) has been affirmed. The bonds are secured by a mortgage loan which is insured by FHA under section 232 of the National Housing Act. Other rating factors include: The credit quality of the FHA insured mortgage loan collateral; An asset-to-liability position of 108.85% as of Jan. 30, 2006; and Investments held pursuant to a guaranteed investment contract with MBIA Insurance Corp. ('AAA') and Fidelity Institutional Government money market fund ('AAAm'); and Sufficiency of assets and revenues to pay debt service and expenses. The bonds were issued to refund the prior series 1987A bonds. The mortgage loan is insured

  
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Summary

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Connecticut Hlth&Educl Facs Auth; Housing, Multifamily FHA Insurance" Apr 03, 2006. Alacra Store. May 05, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Connecticut-Hlth-Educl-Facs-Auth-Housing-Multifamily-FHA-Insurance-501405>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Connecticut Hlth&Educl Facs Auth; Housing, Multifamily FHA Insurance Apr 03, 2006. New York, NY: Alacra Store. Retrieved May 05, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Connecticut-Hlth-Educl-Facs-Auth-Housing-Multifamily-FHA-Insurance-501405>
  
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