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University Of Illinois Board Of Trustees, University Of Illinois; Joint Criteria; Public Coll/Univ - Unlimited Student Fees Jun 11
Standard & Poors, June 2011
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to University of Illinois Board of Trustees, Ill.'s series 2011A and 2011B (taxable) auxiliary facility system (AFS) revenue bonds issued on behalf of the University of Illinois. In addition, Standard & Poor's affirmed its 'AA-' long-term and underlying rating (SPUR) and 'AA-/A-1' rating on the university's outstanding AFS revenue bonds and various certificates of participation (COPs). The outlook on all bonds is negative. The rating reflects our view of the university's overall credit strength, including its: Historically strong state operating support and flagship position within the higher education system of Illinois ('A+/Negative' general obligation rating as of Jan. 28, 2011); Stable demand and solid admissions flexibility; Manageable debt burden of...
Companies mentioned in this report are: University of Illinois,Illinois,University of Illinois 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 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.
Research Type: Full Analysis
University of Illinois,Illinois,University of Illinois Brd of Trustees