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Summary: University Of Medicine & Dentistry Of New Jersey; Public Coll/Univ - Unlimited Student Fees Oct 11
Standard & Poors, October 2011
Standard & Poor's Ratings Services revised its outlook to developing from stable on University of Medicine & Dentistry of New Jersey's (UMDNJ) debt, issued by various issuers. At the same time, Standard & Poor's affirmed its 'BBB+' underlying rating (SPUR) on the debt issued for UMDNJ. The 'BBB+' rating reflects our application of government-related entities (GRE) criteria. The stand-alone credit profile remains rated 'bbb'. The developing outlook reflects our opinion of the uncertainty regarding potential strategic developments that could change the organizational and debt structure of UMDNJ during the next one to two years. Specifically, the Advisory Committee for Higher Education released an interim report indicating the potential to merge UMDNJ's Robert Wood Johnson Medical School, School of Public Health,...
Companies mentioned in this report are: University of Med & Dentistry of New Jersey
Action: Outlook: Stable
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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.
University of Med & Dentistry of New Jersey