TMCnet News

Fitch Rates SD Health & Ed Facil Auth (SD) (Vocational Ed Prog) Rfdg Rev Bonds Series 2015A
[January 28, 2015]

Fitch Rates SD Health & Ed Facil Auth (SD) (Vocational Ed Prog) Rfdg Rev Bonds Series 2015A


Fitch Ratings assigns an 'AA' rating to the following bonds of the South Dakota Health and Educational Facilities Authority (SDHEFA):

--$20.59 million vocational education program revenue bonds, series 2015A.

The series 2015A bonds replace the planned SDHEFA series 2014B bonds, originally rated on Nov. 11, 2014, but for which the sale was delayed from November 2014 until January 2015.

The Rating Outlook is Stable.

Additionally, Fitch Ratings has withdrawn the 'AA' rating on the unsold SDHEFA bonds, as follows:

--$20.03 million vocational education program revenue bonds, series 2014B.

The corrected rating history is now reflected on Fitch's web site at 'www.fitchratings.com'.

For additional information on SDHEFA and the State of South Dakota, please see Fitch's rating action commentary of Nov. 11, 2014, at www.fitchratings.com.



Additional information is available at 'www.fitchratings.com'.

Additional Disclosure


Solicitation Status

http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=978743

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON (News - Alert) THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.


[ Back To TMCnet.com's Homepage ]