0 CHECKOUT

Summary: University of Cincinnati, Ohio; Insured Liquidity; Lease; Note; Public Coll/Univ - Unlimited Student Fees Mar 07

  • ID: 1782005
  • March 2007
  • Region: Ohio
  • Standard & Poors

FEATURED COMPANIES

  • University of Cincinnati
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its short-term 'SP-1+' rating to the University of Cincinnati, Ohio's (UC) series 2007D general receipts revenue bond anticipation notes (BANs). The short-term rating reflects UC's strong track record of market access, as well as its underlying credit strength. In December 2006, Standard & Poor's revised its rating outlook on UC's long-term general receipts debt to negative from stable. The long-term rating outlook change reflected continuing operating deficits on both a budgetary and full accrual basis. For the fiscal year ending June 30, 2006, unrestricted net assets (UNA) worsened to negative $165 million from negative $117 million in 2005. Should the university achieve its newest financial turnaround plan (which calls for budgetary balance in 2007),...

Companies mentioned in this report are:
- University of Cincinnati

Action: Affirmed
Action: New Rating

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 READ MORE >

Note: Product cover images may vary from those shown

- University of Cincinnati

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: This Credit Rating Report will be emailed to you.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS

Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer, Inc.