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Summary: University of Colorado; Higher Education, Public Coll/Univ - Unlimited Student Fees Jul 03

  • ID: 2031089
  • July 2003
  • Region: Colorado
  • Standard & Poors
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FEATURED COMPANIES

  • University of Colorado
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Abstract
The 'A' rating on the University of Colorado Board of Regents' master lease purchase agreement certificates of participation, series 2003A and 2003B, issued for the University of Colorado (CU), is differentiated from CU's outstanding 'AA-' unlimited student fee rating because COP payments are subject to annual appropriation by the board, and because a substantial portion of the COPs are related to a project that is subject to quit claim restrictions related to land at the Fitzsimons campus. The COPs rating reflects: CU's pledge to make annual lease payments, subject to annual appropriation; The overall credit quality reflected in CU's 'AA-' unlimited student fee rating; The strong essentiality of the project to CU; The strengths of the master lease structure, which...

Companies mentioned in this report are:
- University of Colorado
- University of Colorado Brd of Regents

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 READ MORE >

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- University of Colorado
- University of Colorado Brd of Regents

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