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Iowa Board of Regents State University Of Iowa; Auxiliary - System; Note; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Mar 11 Product Image

Iowa Board of Regents State University Of Iowa; Auxiliary - System; Note; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Mar 11

  • Published: March 2011
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services assigned its 'AA' rating to Iowa Board of Regents' $11.97 million series SUI 2011 telecommunications facilities revenue refunding bonds, issued for the State University of Iowa (SUI). Standard & Poor's also assigned its 'A+' long-term rating to Iowa Board of Regents' series 2011 dormitory revenue refunding bonds, issued for SUI. The 'A+' rating is differentiated from the university's unlimited student fee rating (AA) due to a more narrow revenue pledge. At the same time, Standard & Poor's affirmed its 'AA' long-term rating and underlying rating (SPUR) on SUI's revenue bonds, academic building revenue bonds, memorial union revenue bonds, and telecommunications facilities revenue bonds. We also affirmed the 'AA-' long-term rating and SPUR on SUI's athletic...

Companies mentioned in this report are:
- The State Univ of Iowa
- Brd of Regents, State of Iowa

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 READ MORE >

- The State Univ of Iowa
- Brd of Regents, State of Iowa

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