|
|
 |
|
Viewing report
|
|
|
|
Cameron University, Okla.'s Student Housing Revenue Bonds Rated 'A-'; Outlook Stable Jun 04
Standard & Poors, June 2004
Abstract
NEW YORK (Standard & Poor's) June 18, 2004--Standard & Poor's Ratings Services assigned its 'A-' long-term rating to the University of Oklahoma Board of Regents $9 million student housing revenue bonds, series 2004, issued on behalf of Cameron University. The outlook is stable. The sale date is expected to be June 21. 'Bond security is a double-barreled pledge of gross housing system revenues and an unlimited student fee dedicated to student facilities,' said Standard & Poor's credit analyst Susan Carlson. The mandatory student facilities fee has been in existence for several years on the Cameron University campus, and the rate was increased effective for fiscal 2004 and 2005. The Board of Regents pledges to raise net revenues, including an unlimited...
Companies mentioned in this report are: Cameron Univ,Brd of Regents of the University of Oklahoma
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
