• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Purdue University Board of Trustees, Indiana Purdue University; Appropriations; Public Coll/Univ - Unlimited Student Fees Nov 06 Product Image

Purdue University Board of Trustees, Indiana Purdue University; Appropriations; Public Coll/Univ - Unlimited Student Fees Nov 06

  • Published: November 2006
  • Standard & Poors

FEATURED COMPANIES

Abstract
Standard & Poor's Ratings Services assigned its 'AA' rating to Purdue University Board of Trustees, Indiana's certificates of participation (COPs) series 2006, issued for Purdue University, and affirmed its 'AA' and 'AA/A-1+' ratings on the university's existing debt. The 'AA' long-term rating reflects the university's: Co-flagship position in Indiana's public higher education system and healthy levels of state support despite some state budgetary pressure; Good growth in unrestricted net assets; Historically strong operating results, demonstrated by consistently positive operating performance on a consolidated GASB basis; Successful fundraising, which has increased the university and its affiliated foundations' endowments; Solid demand trends that have remained strong despite large tuition increases; and Manageable debt burden, with annual debt service less than 5% of...

Companies mentioned in this report are:
- Purdue Univ
- Purdue Univ Brd of Trustees

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns READ MORE >

- Purdue Univ
- Purdue Univ Brd of Trustees

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS