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University of Illinois; Higher Education, Public Coll/Univ - Unlimited Student Fees Aug 01 Product Image

University of Illinois; Higher Education, Public Coll/Univ - Unlimited Student Fees Aug 01

  • Published: August 2001
  • Standard & Poors

FEATURED COMPANIES

Abstract
The rating on the University of Illinois Board of Trustees' bonds and certificates of participation, issued for the University of Illinois, reflects: Strong state support and a premier position in the state's higher-education system, Strong demand and strong admissions flexibility, Good financial operations and strong liquidity, and A manageable debt burden. The certificates, which are being issued for utility projects on the Chicago and Urbana campuses, are backed by the university's legally available nonappropriated funds. Revenues of the auxiliary facilities system on all three of the university's campuses and a pledge of tuition and fees secure the auxiliary system bonds. A subordinate pledge of tuition and fees secures the Willard Airport bonds. The university's prior certificates issued for utility projects...

Companies mentioned in this report are:
- University of Illinois
- University of Illinois Brd of Trustees

Action: New Rating

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- University of Illinois
- University of Illinois Brd of Trustees

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