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Summary: Southeast Missouri State University; Appropriations; Public Coll/Univ - Unlimited Student Fees Dec 11

Standard & Poors, December 2011

Abstract
Standard & Poor's Ratings Services assigned its 'A' long-term rating to the series 2011B system facilities revenue bonds issued by Southeast Missouri State University (SEMO). At the same time, Standard & Poor's affirmed its 'A' long term and underlying ratings on SEMO's series 2006A, series 2008, and series 2011 parity debt outstanding. Standard & Poor's also affirmed its 'A' long-term rating on the university's tax-exempt educational facilities revenue bonds series 2010A and the taxable series 2010B Build America Bonds, also issued on behalf of the university. Finally, Standard & Poor's affirmed its 'A-' underlying rating on the series 2003A educational facilities revenue bonds also issued on behalf of the university. The series 2003A underlying rating reflects the university's obligation to...

Companies mentioned in this report are:
- Southeast Missouri St Univ

Action: Affirmed
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 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.

- Southeast Missouri St Univ

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