Summary: Dormitory Authority of the State of New York New York State; Appropriations; General Obligation - S&P Global Ratings’ Credit Research

Summary: Dormitory Authority of the State of New York New York State; Appropriations; General Obligation

Summary: Dormitory Authority of the State of New York New York State; Appropriations; General Obligation - S&P Global Ratings’ Credit Research
Summary: Dormitory Authority of the State of New York New York State; Appropriations; General Obligation
Published Sep 28, 2016
Published Sep 28, 2016
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

S&P Global Ratings assigned its 'AA' rating to the New York State Dormitory Authority's (DASNY) $142.975 million revenue refunding bonds, series 20016A, issued for the New York State Department of Health (DOH). At the same time, S&P Global Ratings affirmed its 'AA+' rating on the state's general obligation (GO) debt, and its 'AA' rating on the state's appropriation debt. The outlook on all ratings is stable. The 'AA' rating on DASNY's revenue refunding bonds reflects: New York State's long-standing support for appropriation-backed debt; and The strength of the agreements between the DOH and the dormitory authority. Proceeds of this issue will be used, together with other available funds, to refund certain of DASNY's DOH of the state of New York's

  
Report Type:

Summary

Issuer
State of New York
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: Dormitory Authority of the State of New York New York State; Appropriations; General Obligation" Sep 28, 2016. Alacra Store. May 17, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Dormitory-Authority-of-the-State-of-New-York-New-York-State-Appropriations-General-Obligation-1726537>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Dormitory Authority of the State of New York New York State; Appropriations; General Obligation Sep 28, 2016. New York, NY: Alacra Store. Retrieved May 17, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Dormitory-Authority-of-the-State-of-New-York-New-York-State-Appropriations-General-Obligation-1726537>
  
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