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Fitch Rates Massachusetts HFA $40.4MM Housing Bonds 2006 A 'AA-'.


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
 -- (This is an update to a release issued on April 25, 2006) 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.
 assigns an 'AA-' rating to Massachusetts Housing Finance Agency's (Mass Housing) $40.4 million housing bonds, 2006 series A. Due to a restructuring of the issuance, Fitch withdraws its rating on the 2006 series B and C bonds. The 2006 series A bonds sold this week through a syndicate led by Lehman Brothers and are expected to close on or about May 11, 2006.

Fitch also affirms the 'AA-' rating on all series of the outstanding $1.419 billion of housing bonds as of Jan. 31, 2006, prior to consideration of any bond insurance.

For more information, the April 25 release titled 'Fitch Rates Massachusetts HFA HFA Harvard Film Archive (Harvard University)
HFA Harry Fox Agency, Inc.
HFA Housing Finance Agency (District of Columbia government)
HFA Hyogo Framework for Action
HFA High-Functioning Autism
 $55.4MM Housing Bonds 2006 A, B & C 'AA-' ' is available on the Fitch Ratings web site at www.fitchratings.com.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, 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 Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
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Publication:Business Wire
Date:Apr 27, 2006
Words:206
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