University of Colorado; Public Coll/Univ - Unlimited Student Fees Jul 06
- ID: 2031145
- July 2006
- Region: Colorado
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'AA-' rating to the University of Colorado Board of Regents' $102.505 million enterprise refunding and improvement revenue bonds, series 2006A, issued for the University of Colorado (CU). Additionally, Standard & Poor's affirmed its 'AA-' and 'A+' ratings on CU's debt. The general credit strengths of CU include: Its position as Colorado's ('AA-/Stable' state certificates of participation rating) flagship university system; Broad revenue diversity, with low dependency on state appropriations and strong, expanding research activity; Solid student demand, with stabilizing enrollment; Balanced operating performance and good liquidity; and Capable central oversight of capital needs and funding sources. An offsetting credit factor is the uncertainty regarding the continued implementation of the College Opportunity Fund that...
Companies mentioned in this report are:
- University of Colorado
Action: New Rating
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Research Type: Full Analysis