CUSIP 57563RNW5
- ISIN: US57563RNW50
- Entity Name: Massachusetts Educational Financing Authority
- Sector: Municipal Agency
- Announcement Date: 07-Dec-2018
- Effective Date: 21-Nov-2018
- Issue Date: *****
- Maturity Date: 01-Jul-2019
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Upgrade
- News: Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue I, Series 2009 (the Issue I Series 2009 Bonds), Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue I, Series 2010A and Series 2010B (the Issue I Series 2010 Bonds), Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue I, Series 2014 (the Issue I Series 2014 Bonds) Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue I, Series 2015A (AMT), Series 2015B-1 and Series 2015B-2 Bonds (the Issue I Series 2015 Bonds); Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue J, Series 2011 (AMT) (the Issue J Series 2011 Bonds), Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue J, Series 2012 (AMT) (the Issue J Series 2012 Bonds), Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue J, Series 2016 (AMT) (the Issue J Series 2016 Bonds); Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue K, Series 2013 (AMT) (the Issue K Series 2013 Bonds) and Massachusetts Educational Financing Authority Education Loan Revenue Bonds, Issue K, Senior Series 2017 (AMT), and Subordinate Series 2017B (the Issue K Series 2017 Bonds) On November 21, 2018, S&P Global Ratings (S&P) upgraded the ratings on the Massachusetts Educational Financing Authority (MEFA) bonds listed in the following table: Rating Series CUSIP* Maturity To From Issue I Series 2009 Bonds 57563RGQ6 1/1/2019 AAA(sf) AA (sf) 57563RGV5 1/1/2019 AAA(sf) AA (sf) Issue I Series 2010 Bonds 57563RHG7 1/1/2019 AAA(sf) AA (sf) 57563RHZ5 1/1/2019 AAA(sf) AA (sf) Issue I Series 2014 Bonds 57563RLC1 1/1/2019 AAA(sf) AA (sf) 57563RLN7 1/1/2019 AAA(sf) AA (sf) Issue I Series 2015 Bonds 57563RMF3 1/1/2019 AAA(sf) AA (sf) 57563RMJ5 1/1/2019 AAA(sf) AA (sf) 57563RND7 1/1/2019 AAA(sf) AA (sf) 57563RMY2 7/1/2019 AAA(sf) AA (sf) Issue J Series 2011 Bonds 57563RJF7 7/1/2019 AAA(sf) AA (sf) 57563RJT7 7/1/2019 AAA(sf) AA (sf) Issue J Series 2012 Bonds 57563RJW0 7/1/2019 AAA(sf) AA (sf) 57563RKJ7 7/1/2019 AAA(sf) AA (sf) Issue J Series 2016 Bonds 57563RNF2 7/1/2019 AAA(sf) AA (sf) Issue K Series 2013 Bonds 57563RKR9 7/1/2019 AAA(sf) AA (sf) Issue K Series 2017 Bonds 57563RNW5 7/1/2019 AAA(sf) AA (sf) A copy of the report by S&P regarding this rating change and information about S&Ps rating process, its ratings and its definitions should be obtained from S&P. *MEFA is not a subscriber to the CUSIP Service Bureau and has no means to verify the accuracy of these CUSIP numbers or to determine if such numbers have changed as a result of events in the secondary market. In accordance with the terms of the bonds and notes of MEFA, failure to use CUSIP numbers in any notice to holders of the bonds or notes, or any error or omission with respect thereto, does not constitute an event of default or any similar violation of any MEFA contract with such holders. MEFA acknowledges the copyright position of S&P and the American Bankers Association with respect to CUSIP numbers and the CUSIP numbering system.
- Description: Municipal Name: Massachusetts Educational Financing Authority CUSIP: 57563RNW5 Currency: USD Massachusetts Educational Financing Authority announced today that the Standard & Poor s Ratings has upgraded the ratings of the Series 2017, Education Loan Revenue Bonds from AA to AAA on November 21, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US57563RNW50
