Fitch rates Massachusetts Educational Financing Authority, Issue H, Series 2008 as follows:
--$400,000,000 Issue H, Series 2008 'AAA';
Fitch has assigned a rating of 'AAA' the series 2008 bonds based on a financial guaranty insurance policy provided by Assured Guaranty Corp. Fitch rates Assured Guaranty Corp. Insurer Financial Strength 'AAA'/ Outlook Stable. Fitch has also assigned an underlying rating of 'AA' that reflects our rating absent the financial guaranty insurance policy.
The effective date of this rating is Sept. 16, 2008.
For more information, see the Massachusetts Educational Financing Authority, Issue H, Series 2008 presale report, available to all investors on Fitch's corporate site, www.fitchratings.com.
Fitch's rating definitions and the terms of use 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 are also available from the 'Code of Conduct' section of this site