|
|
 |
|
Viewing report
|
|
|
|
'A-1+' Short-Term Rating Assigned To University Of Missouri Board of Curator's $375 Million CP Notes Nov 11
Standard & Poors, Nov 2011
Abstract
CHICAGO (Standard & Poor's) Nov. 23, 2011-- Standard & Poor's Ratings Services assigned its 'A-1+' short term rating to the University of Missouri Board of Curator's $375 million series A&B commercial paper (CP) notes issued on behalf of University of Missouri (UM). Standard & Poor's also affirmed its 'AA+' long-term rating on the board's system facilities revenue bonds outstanding, which also were issued on behalf of UM. In addition, Standard & Poor's affirmed its 'AA+/A-1+' dual rating on the university's variable-rate debt bonds (VRDBs) outstanding. The outlook on all long-term ratings is stable. Finally, the standalone credit profile remains 'aa+'. 'The short-term rating on the CP notes and VRDBs reflects UM's provision of self-liquidity in the event of an investor...
Companies mentioned in this report are: University of Missouri Brd of Curators,University of Missouri
Action: Affirmed
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.
|
|
|
|
