Summary: Colorado Educational & Cultural Facilities Authority Naropa University; Letter of Credit Oct 11
Standard & Poors, October 2011
Abstract
Standard & Poor's Ratings Services affirmed its 'AA/A-1+' rating on Colorado Educational & Cultural Facilities Authority's (Naropa University) variable-rate demand obligation bonds series 2005, due to the bank facility being extended to July 1, 2012. The long-term and short-term components of the rating are based on the rating on Wells Fargo Bank N.A., South Dakota. Criteria: Methodology And Assumptions: Approach To Evaluating Letter Of Credit-Supported Debt, July 6, 2009...
Companies mentioned in this report are: Naropa University,Colorado Educl & Cultural Facs Auth
Action: Affirmed
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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
Naropa University,Colorado Educl & Cultural Facs Auth
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