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S&P rates Memorial Sloan-Kettering, N.Y., bonds AA
Standard & Poor's said it assigned an AA rating to New York State Dormitory Authority's $443.2 million of series 2008A-1 and 2008A-2 revenue refunding bonds issued for Memorial Sloan-Kettering Cancer Center.
The issue includes $161.99 million of series 2008A-1 and $281.165 million of series 2008A-2.
S&P also said it affirmed the AA rating and underlying rating on the center's other debt.
The outlook is stable.
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