Summary: The Regents Of The University Of Minnesota, University Of Minnesota; CP; Public Coll/Univ - Unlimited Student Fees Nov 11
Standard & Poors, November 2011
Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Regents of the University of Minnesota's (the University of Minnesota or the university) series 2011D general obligation (GO) bonds. At the same time, Standard & Poor's affirmed is 'AA' long-term rating and 'A-1+' short-term rating on the university's outstanding debt. The outlook, where applicable, is stable. The 'AA' rating reflects our view of the university's: Position as Minnesota's (AA+/Stable) flagship research university and land-grant institution; Competitive demand trends and stable enrollment, supported by a Big 10 Conference demand niche, substantial research, and competitive professional and graduate programs; Consistently very positive operations on a cash basis, with surpluses on a full accrual basis in fiscals 2010 and 2011, although these...
Companies mentioned in this report are:
- University of Minnesota
- Minnesota
- The Regents of the University of Minnesota
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.
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 Minnesota
- Minnesota
- The Regents of the University of Minnesota
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW4
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network