Summary: Grand Valley State University Board Of Trustees, Michigan, Grand Valley State University; Joint Criteria; Public Coll/Univ - Unlimited Student Fees Apr 11
- ID: 1721769
- April 2011
- Region: Michigan
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A+' long-term rating to Grand Valley State University Board of Trustees, Mich.'s series 2011 general revenue bonds issued on behalf of Grand Valley State University (GVSU). At the same time, Standard & Poor's affirmed its 'A+' long-term and underlying rating (SPUR) and 'AAA/A-1+' rating and its 'AAA/A-1' rating on GVSU's various outstanding general revenue bonds. The outlook is stable. Standard & Poor's Ratings Services affirmed its 'AAA/A-1+' rating on Grand Valley State University Board of Trustees' general revenue bonds series 2008B and its 'AAA/A-1' rating on its series 2005, issued on behalf of Grand Valley State University (GVSU). The rating is based on the application of the low correlation joint criteria where Standard...
Companies mentioned in this report are:
- Grand Vy St Univ
- Grand Vy St Univ Brd of Trustees
Action: New Rating
Action: Outlook: Stable
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >