Fitch Downgrades 263 ACA-Insured Issues -- 2 of 2 --.Business Editors NEW YORK--(BUSINESS WIRE)--May 11, 2004 Fitch Ratings Fitch Ratings An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. downgrades to 'BBB' from 'A' the long-term rating on 263 issues insured by ACA ACA - Application Control Architecture Financial Guaranty Corp. (ACA), following the downgrade of ACA's insurer financial strength rating earlier today. The Rating Watch is changed to Evolving from Negative, reflecting the earlier rating action. The downgrades do not affect any unenhanced ratings Fitch maintains for these issues. As a result, certain issues now carry unenhanced ratings higher than ACA's insurer financial strength rating. -- Michigan State Hospital Finance Authority (MI) (Detroit Medical Center The Detroit Medical Center is a Detroit-based non-profit corporation that owns and operates nine general and specialty hospitals in southeast Michigan. Detroit Medical Center hospitals include: tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. Group) hosp rev & rfdg bonds ser 1998A (unenhanced: 'B', Rating Outlook Negative); -- Mississippi Hospital Equipment & Facilities Authority (MS) (Rush Medical Foundation Project) rev rfdg bonds ser 1997 A & B; -- Missouri Health & Educational Facilities Authority (MO) (Freeman Health System Project) health facils rev bonds ser 1998; -- Missouri Health & Educational Facilities Authority (MO) (St. Louis Charter School) educ facils rev bonds ser 2002A (unenhanced: 'BB', Rating Outlook Stable); -- Missouri Health & Educational Facilities Authority (MO) (St. Louis Charter School) educ facils rev bonds ser 2002B (unenhanced: 'BB', Rating Outlook Stable); -- Montgomery County Montgomery County may refer to:
-- Montgomery County Health, Educational, & Housing Facility Board (TN) (Clarksville Regional Health Systems, Inc.) hosp improv A multidimensional Windows spreadsheet from Lotus that allows for easy switching to different views of the data. Data are referenced by name as in a database, rather than the typical spreadsheet row and column coordinates. Improv was originally developed for the NeXt computer. & rfdg rev bonds ser 1998; -- New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). Health and Education Facilities Authority (NH) (Covenant Health Systems Covenant Health Systems was established in 1983 by the Sisters of Charity of Montreal, "Grey Nuns," to direct, support and conduct their health care, elder care and social service systems throughout the United States. Obligated Group) healthcare sys rev bonds ser 2002 (unenhanced: 'A-', Rating Outlook Positive); -- New Hampshire Health and Education Facilities Authority (NH) (Franklin Pierce Law Center This article is about the law school in Concord. For the university in Rindge, see Franklin Pierce University. The Franklin Pierce Law Center (Pierce Law or FPLC) is a private, nonprofit, American Bar Association-accredited law school located in Concord, ) rev bonds ser 1998; -- New Hampshire Health and Education Facilities Authority (NH) (Monadnock Monadnock (mənăd`nŏk), isolated peak, 3,165 ft (965 m) high, SW N.H. It is a popular hiking destination, noted for its view. The peak lends its name to the geomorphic term monadnock, Community Hospital Issue) hosp rev bonds ser 1997; -- New Jersey Economic Development Authority The New Jersey Economic Development Authority (EDA) is an independent, quasi-governmental self-supporting entity in the U.S. state of New Jersey dedicated to broadening and expanding the state's economic base. (NJ) (Cadbury Corp. Project) 1st mtge rev fixed rate bonds ser 1998A; -- New Jersey Economic Development Authority (NJ) (Cadbury Corp. Project) 1st mtge rev fixed rate bonds ser 1998B; -- New Jersey Economic Development Authority (NJ) (NUI (1) (Network User Interface) A user interface for a computer attached to the network. The NUI is designed to work with remote applications and files as easily as local files. Corporation Project) gas facils rev bonds ser 1998A; -- New Jersey Educational Facilities Authority (NJ) (Fairleigh Dickinson University Fairleigh Dickinson University, at Florham-Madison and Teaneck-Hackensack, N.J.; coeducational; incorporated and opened 1942 as a junior college, became a four-year college in 1948 and a university in 1956. (FDU FDU Fairleigh Dickinson University FDU Fudan University (Shanghai, China) FdU Fratelli Dell'Uomo FDU Force Design Update FDU Fleet Diving Unit (Canadian Forces) ) Issue) rev bonds ser 2002D (unenhanced: 'BBB-', Rating Outlook Stable); -- New Jersey Educational Facilities Authority (NJ) (St. Peter's College St. Peter's College may refer to: Places of education sorted by location Australia
-- New Jersey Health Care Facilities Financing Authority (NJ) (Capital Health System Obligated Group) fixed-rate rev bonds ser 2003A; -- New Jersey Health Care Facilities Financing Authority (NJ) (Capital Health System Obligated Group) rev bonds ser 1997; -- New Jersey Health Care Facilities Financing Authority (NJ) (Palisades Medical Center Palisades Medical Center is a regional hospital in North Bergen, New Jersey. The hospital has approximately 202 beds and serves approximately 350,000 people in Southern Bergen and Hudson counties. of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Presbyterian Healthcare System Obligated Group) rev bonds ser 1999 (unenhanced: 'BBB-', Rating Outlook Stable); -- New Jersey Health Care Facilities Financing Authority (NJ) (Rahway Hospital Obligated Group Issue) rev bonds ser 1998; -- New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). Hospital Equipment Loan Council (NM) (Memorial Medical Center, Inc. Project) hosp rev bonds ser 1998 (unenhanced: 'B', Rating Watch Negative); -- New Wilmington Municipal Authority (PA) (Westminster College Westminster College may refer to: In the United Kingdom:
-- New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. (NY) GO bonds ser fiscal 1997F (unenhanced: 'A+', Rating Outlook Stable); -- New York City (NY) GO bonds ser fiscal 1998F (unenhanced: 'A+', Rating Outlook Stable); -- New York City (NY) GO bonds ser fiscal 1999C (unenhanced: 'A+', Rating Outlook Stable); -- New York City Industrial Development Agency (NY) (2002 Lycee Francais de New York Project) civic facil rev bonds ser A; -- New York State Dormitory Authority (NY) (Bronx-Lebanon Hospital Center) secured hosp rev rfdg bonds ser 1998E; -- New York State Dormitory Authority (NY) (Brookdale Hospital Medical Center) secured hosp rev rfdg bonds ser 1998J; -- New York State Dormitory Authority (NY) (Interfaith Medical Center) secured hosp rev bonds ser 1998D; -- New York State Dormitory Authority (NY) (Manhattan Eye, Ear & Throat Hospital) hosp rev bonds ser 1997; -- New York State Dormitory Authority (NY) (North General Hospital) secured hosp rev rfdg bonds ser 1998G; -- New York State Dormitory Authority (NY) (Wyckoff Heights Medical Center) secured hosp rev rfdg bonds ser 1998H; -- New York State Environmental Facilities Corp. (NY) state svc contract rev bonds ser 1998A; -- New York State Urban Development Corp. (NY) contract rev bonds ser A; -- New York State Urban Development Corp. (NY) rev rfdg bonds ser 1998; -- New York, State of (NY) COPs; -- Newton (KS) hosp rfdg rev bonds ser 1998A; -- North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. Eastern Municipal Power Agency (NC) pwr sys rev bonds rfdg ser 1993B (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev bonds rfdg ser 1993C (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev bonds ser 1985G (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev bonds ser 1993B (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev bonds ser 1993D (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev bonds ser 1999 (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev bonds ser 1999D (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev rfdg bonds ser 1993B (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev rfdg bonds ser 1999A (unenhanced: 'BBB+'); -- North Carolina Eastern Municipal Power Agency (NC) pwr sys rev rfdg bonds ser 1999B (unenhanced: 'BBB+'); -- North Carolina Medical Care Commission (NC) (Halifax Regional Medical Center) hosp rev bonds ser 1998 (unenhanced: 'BBB-', Rating Outlook Negative); -- North Carolina Medical Care Commission (NC) (North Carolina Housing Foundation, Inc.) rev bonds ser 2000; -- North Carolina Municipal Power Agency No. 1 (NC) Catawba elect rev bonds ser 1993 (unenhanced: 'BBB+'); -- North Carolina Municipal Power Agency No. 1 (NC) Catawba elect rev bonds ser 1999B (unenhanced: 'BBB+'); -- North Central Texas Health Facilities Development Corp. (TX) (C.C. Young Memorial Home Project) health facils devel rev bonds ser 1998A; -- Northwest Arkansas Regional Airport Northwest Arkansas Regional Airport (IATA: XNA, ICAO: KXNA) is an airport located in Highfill, Arkansas, near Bentonville, Rogers, Fayetteville, Springdale, and Siloam Springs, Arkansas. Authority (AR) airport rev rfdg bonds ser 2003 (unenhanced: 'BBB-'); -- Ohio Air Quality Development Authority (OH) (Cleveland Electric Illuminating Co.) pollution control rev rfdg bonds ser 2002A (unenhanced: 'BB'); -- Ohio Air Quality Development Authority (OH) (Cleveland Electric Illuminating Company Project) collateralized pollution control rev rfdg bonds ser 1997A; -- Ohio County Ohio County is the name of three counties in the United States:
-- Ohio County Commission (WV) (Ohio Valley Medical Center) health sys rfdg & improv rev bonds ser 1998B (unenhanced: 'BB', Rating Outlook Stable); -- Ohio Water Development Authority (OH) (Cleveland Electric Illumination Company Project) collaterized pollution control rev rfdg bonds ser 1997-A; -- Owensville (MO) (Owensville Capital Improvement Project) GO capital improv bonds ser 1999; -- Owensville (MO) (Owensville Capital Improvement Projects) GO capital improv bonds ser 1999; -- Oxford Public Park & Recreation Board (AL) rev bonds ser 2001; -- Pennsylvania Economic Development Financing Authority (PA) (Northwestern Human Services, Inc. Project) rev bonds ser 1998A; -- Pennsylvania Higher Educational Facilities Authority (PA) (Geneva College
Geneva College is a small, private, liberal arts college located in Beaver Falls, Pennsylvania, United States. ) college rev bonds ser 1998; -- Pennsylvania Higher Educational Facilities Authority (PA) (Lock Haven Lock Haven, industrial city (1990 pop. 9,230), seat of Clinton co., N central Pa., on the West Branch of the Susquehanna River at the junction of Bald Eagle Creek, in an agricultural area; settled 1769, inc. as a city 1870. A lumber center in the 19th cent. University Foundation Student Housing Proj at Lock Haven University of Pennsylvania Lock Haven University of Pennsylvania, commonly abbreviated LHU, is a state university in Lock Haven, in central Pennsylvania located along the Susquehanna River, and is roughly thirty miles from the major towns of Williamsport and State College. ) rev bonds ser 2003A; -- Pennsylvania Higher Educational Facilities Authority (PA) (Lock Haven University Foundation Student Housing Proj at Lock Haven University of Pennsylvania) rev bonds ser 2003B; -- Pennsylvania Higher Educational Facilities Authority (PA) (SAI Housing LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control Project at California University of Pennsylvania The main campus consists of 38 buildings situated on 90 acres (364,000 m²). An additional 98 acre (397,000 m²) recreation complex, George H. Roadman University Park, is located one mile from campus and includes a football stadium, various sports facilities, and picnic facilities. ) student hsg rev bonds ser 2003A; -- Pennsylvania Higher Educational Facilities Authority (PA) (SAI Housing LLC Project at California University of Pennsylvania) student hsg rev bonds ser 2003B; -- Petersburg (IN) (Indianapolis Power & Light Co. Project) pollution control rfdg rev bonds ser 1993A (unenhanced: 'BBB-'); -- Petersburg (IN) (Indianapolis Power & Light Co. Project) pollution control rfdg rev bonds ser 1993B (unenhanced: 'BBB-'); -- Petersburg (IN) (Indianapolis Power & Light Co. Project) pollution control rfdg rev bonds ser 1993C (unenhanced: 'BBB-'); -- Petersburg (IN) (Indianapolis Power & Light Co. Project) pollution control rfdg rev bonds ser 1995A (unenhanced: 'BBB-'); -- Philadelphia (PA) gas works a manufactory of gas, with all the machinery and appurtenances; a place where gas is generated for lighting cities. - Raymond. See also: Gas rev bonds ser 14th (unenhanced: 'BBB-', Rating Outlook Stable); -- Philadelphia Hospital & Higher Education Facilities Authority (PA) (Friends Hospital) hosp rev bonds ser 1993; -- Piedmont Municipal Power Agency (SC) elect rev bonds rfdg ser 1993 (unenhanced: 'BBB'); -- Piedmont Municipal Power Agency (SC) elect rev bonds ser 1999A (unenhanced: 'BBB'); -- Piedmont Municipal Power Agency (SC) elect rfdg rev bonds ser 1999A (unenhanced: 'BBB'); -- Pierce County Housing Authority (WA) pooled hsg rfdg rev bonds ser 1998; -- Pocahontas Parkway Association (VA) toll road rev bonds ser 1998 A & B (unenhanced: 'BBB-', Rating Watch Negative); -- Pontiac Tax Increment Finance Authority Area No.2 (MI) (Development Area No. 2) tax increment rev & rfdg bonds ser 2002 (unenhanced: 'BBB'); -- Pontiac Tax Increment Finance Authority Area No.3 (MI) (Development Area No. 3) tax increment rev bonds ser 2002 (unenhanced: 'BBB'); -- Pottsville Hospital Authority (PA) (Pottsville Hospital & Warne Clinic) hosp rev bonds ser 1998; -- Puerto Rico Electric Power Authority (PR) pwr rev rfdg bonds ser EE; -- Puerto Rico Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (PR) (Humacao Judicial Center Project) industrial rev bonds ser 2001A; -- Puerto Rico, Commonwealth of (PR) public improv bonds ser 1999; -- Quinault Indian Nation (WA) (Quinault Beach Resort Project) taxable improv & rfdg bonds ser 1999B; -- Quinault Indian Nation (WA) (Quinault Beach Resort Project) tax-exempt improv & rfdg bonds ser 1999A; -- Quinault Indian Nation (WA) (Quinault Beach Resort Project) tax-exempt improv & rfdg bonds ser 1999A; -- Reeves County (TX) (Detention Center Trust) COPs taxable additional rev ser 2001B (unenhanced: 'CCC', Rating Watch Positive); -- Reeves County (TX) (Reeves County Law Enforcement Center Trust) COPs additional term lease rentals (taxable) ser 1999 (unenhanced: 'CCC', Rating Watch Positive); -- Richardson Hospital Authority (TX) (Baylor/Richardson Medical Center Project) hosp rev rfdg & improv bonds ser 1998; -- San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay Transit Financing Authority (CA) bridge toll notes ser 1999; -- Sandusky County (OH) (Memorial Hospital) hosp facils rev rfdg bonds ser 1998; -- Santa Fe Educational Facilities (NM) (St. John's College Project) educ facils rev bonds ser 1998; -- Santa Rosa Bay Bridge Authority (FL) toll facil rev bonds ser 1996 (unenhanced: 'BB-', Rating Outlook Stable); -- Savannah Savannah, city, United States Savannah, city (1990 pop. 137,560), seat of Chatham co., SE Ga., a port of entry on the Savannah River near its mouth; inc. 1789. Economic Development Authority (GA) (The University Financing Foundation, Inc. - Savannah State University • • [ Project) student hsg rev bonds ser 2000A; -- Show Low Improvement District No. 6 (AZ) improv bonds; -- Show Low Industrial Development Authority (AZ) (Navapache Regional Medical Center) hosp rev bonds ser 1998 A & B; -- South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. Jobs-Economic Development Authority (SC) (Palmetto Health Alliance) hosp improv rev fixed-rate bonds ser 2003C (unenhanced: 'BBB', Rating Outlook Positive); -- South Dakota Health & Educational Facilities Authority (SD) (Prairie Lakes Health Care Systems Issue) rev rfdg bonds ser 1998; -- St. Charles Parish (LA) (Louisiana Power & Light Company) pollution control rev bonds ser 1984; -- St. Paul Housing & Redevelopment Authority (MN) (HealthEast Project) hosp facil rev bonds ser 1997 A & B; -- St. Tammany Parish Hospital Service District No. 1 (LA) (St. Tammany Parish Hospital Project) hosp rev & rfdg bonds ser 1998; -- Stockton (CA) (O'Connor Woods Housing Corp.) COPs ser 1999 (unenhanced: 'BBB-'); -- Sturgeon Bay Waterfront Redevelopment Authority (WI) redevelopment lease rev bonds ser 1998B; -- Suffolk County Industrial Development Agency (NY) (Suffolk Hotel & Conference Center Project) econ develop rev bonds ser 2003; -- Teton County Hospital District (WY) hosp rfdg & improv rev bonds ser 1998; -- Truckee Donner Public Utility District (CA) rev COPs ser 2003A; -- Truckee Donner Public Utility District (CA) rev COPs ser 2003B; -- Utica (NY) GO public improv rfdg bonds ser 2001; -- Utica (NY) public improv bonds ser 2000 (unenhanced: 'BBB-', Rating Outlook Stable); -- Valley Health System (CA) (Refunding & Improvements Project) hosp rev bonds ser 1996A (unenhanced: 'BB-', Rating Outlook Negative); -- Vancouver Housing Authority (WA) (Office Building Project) rev bonds ser 1998; -- Virgin Islands Public Finance Authority (VI) (Virgin Islands Matching Fund Loan Notes) rev & rfdg bonds ser 1998A; -- Virgin Islands Public Finance Authority (VI) (Virgin Islands Matching Fund Loan Notes) rev & rfdg bonds ser 1998C; -- Virgin Islands Public Finance Authority (VI) sr lien rfdg bonds ser 1998A; -- Virgin Islands Water & Power Authority (VI) elect sys rev & rfdg bonds ser 1998 (unenhanced: 'BBB'); -- Virgin Islands Water & Power Authority (VI) elect sys rev & rfdg bonds ser 1998 (unenhanced: 'BBB'); -- Volusia County Industrial Development Authority (FL) (Retirement Housing Foundation Obligated Group-Bishop's Glen Project) rev & rfdg bonds ser 1998; -- Washington County Housing & Redevelopment Authority (MN) (HealthEast Project) hosp facil rev bonds ser 1998 (unenhanced: 'BB+', Rating Outlook Stable); -- Washington State Housing Finance Commission (WA) (Green River Community College Green River Community College (GRCC) is a community college located in Auburn, Washington, USA. It has a student body of around 10,000. The student to faculty ratio is 23:1. Foundation Project) nonprofit hsg rev bonds ser 2003A; -- Washington State Housing Finance Commission (WA) (Green River Community College Foundation Project) nonprofit hsg rev bonds ser 2003B; -- West Campus Housing (AZ) (Arizona State University West Established by the Arizona Legislature in 1984, Arizona State University at the West campus is one of four campuses of the Arizona State University system. Located in northwest Phoenix, Arizona, straddling the Glendale, Arizona city limits, ASU at the West campus has 8,100 students Campus Project) student hsg rev bonds ser 2002; -- White Earth Band of Chippewa Indians (MN) rev bonds ser 2000A; -- White Earth Band of Chippewa Indians (MN) rev bonds ser 2000B; -- Wisconsin Health & Educational Facilities Authority (WI) (Aurora Health Care Aurora Health Care is a not-for-profit health care system located in eastern Wisconsin and headquartered in Milwaukee. The system has 13 hospitals, over 100 clinics, and more than 140 community pharmacies. , Inc.) rev bonds ser 1999A (unenhanced: 'A-', Rating Outlook Stable); -- Wisconsin Health & Educational Facilities Authority (WI) (Aurora Health Care, Inc.) var-rate demand rev bonds ser 1999B (unenhanced: 'A-', Rating Outlook Stable); -- Wisconsin Health & Educational Facilities Authority (WI) (Divine Savior Healthcare, Inc.) ser 1999; -- Wisconsin Health & Educational Facilities Authority (WI) (Hess Memorial Hospital Association, Inc. Project) rev bonds ser 1995; -- Wisconsin Health & Educational Facilities Authority (WI) (Richland Hospital, Inc. Project) rev bonds ser 1998A; -- Wisconsin Health & Educational Facilities Authority (WI) (Richland Hospital, Inc. Project) rev bonds ser 1998B; -- Woodbury County (IA) (Boys & Girls Home & Family Services, Inc. Project) community provider rev bonds ser 2000. |
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