• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
New York University; Private Coll/Univ - General Obligation Oct 09 Product Image

New York University; Private Coll/Univ - General Obligation Oct 09

  • Published: October 2009
  • Region: New York
  • Standard & Poors

FEATURED COMPANIES

  • New York State Dorm Auth
  • New York Univ
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating to the New York State Dormitory Authority's series 2009A and 2009B revenue bonds, issued for New York University (NYU) and NYU's series 2009 taxable bonds. Standard & Poor's also affirmed its 'AA-' rating on NYU's parity debt. Moderate financial resources and a high debt level are offset by the university's comprehensive nature. The outlook is stable. The rating is supported by the university's: Good financial operations, characterized by positive operating performance and a diverse stream of revenues; Strong enrollment and demand profile as one of the U.S.'s largest private institutions; Successful fundraising efforts demonstrated by the $3.07 billion raised toward a $2.5 billion fundraising campaign as of Aug. 31, 2008,...

Companies mentioned in this report are:
- New York Univ
- New York State Dorm Auth

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 READ MORE >

- New York Univ
- New York State Dorm Auth

Note: Product cover images may vary from those shown

RELATED PRODUCTS