Standard&Poor's Ratings Services confirmed its 'AA-/A-1+' rating on New York State Dormitory Authority's series 2008B-2 variable-rate demand refunding bonds, issued for St. John's University, due to the bank facility being extended to Oct. 18, 2018. The long-term and short-term components of the rating are based on the ratings on the letter of credit provider, U.S. Bank National Assn. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, Feb. 20, 2015