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The George Washington University, District Of Columbia; Joint Criteria; Private Coll/Univ - General Obligation Mar 09 Product Image

The George Washington University, District Of Columbia; Joint Criteria; Private Coll/Univ - General Obligation Mar 09

  • Published: March 2009
  • Standard & Poors

FEATURED COMPANIES

Abstract
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to The George Washington University's series 2009 taxable bonds. Standard & Poor's also affirmed its 'A+' underlying ratings (SPURs) and 'AAA/A-1' dual ratings on the university's outstanding debt. The 'A+' rating reflects the university's: Strong demand characteristics for its comprehensive academic programs; Healthy financial performance with five years of increases in unrestricted net assets, including fiscal 2008; Good revenue diversity and demonstrated fundraising record; and An experienced management team that continues to focus on improving the university's visibility and stature, strengthening undergraduate student quality, and increasing endowment. The 'AAA/A-1' ratings on variable rate demand bonds reflect the university's general obligation pledge and an irrevocable direct pay letter of credit provided...

Companies mentioned in this report are:
- George Washington Univ

Action: New Rating

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- George Washington Univ

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