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Fitch to Rate Montana Higher Education Student Assistance Corp., 2007; Presale Issued.


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
 -- Fitch expects to rate Montana Higher Education higher education

Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art.
 Student Assistance Corporation, series 2007 as follows:

--$105,000,000 tax-exempt variable-rate demand obligations variable-rate demand obligation

A floating-rate debt obligation that has a nominal long-term maturity as well as an option allowing the investor to put (sell) the obligation back to the trustee, generally at par plus accrued interest.
, senior series 2007A, 'AAA/F1+';

--$35,000,000 tax-exempt variable-rate demand obligations, senior series 2007B, 'AAA/F1+';

--$35,000,000 tax-exempt variable-rate demand obligations, senior series 2007C, 'AAA/F1+'.

For more information see the Montana Higher Education Student Assistance Corporation, series 2007 presale report, available to all investors on Fitch's corporate site, 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:Dec 20, 2007
Words:141
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