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Bulletin: University System Of Georgia Board Of Regents' Consolidation Plan Doesn't Currently Affect Revenue Bond Ratings Jan 12
Standard & Poors, Jan 2012
Abstract
DALLAS (Standard & Poor's) Jan. 10, 2012--Standard & Poor's Rating Services said today that the Jan. 5, 2012 University System of Georgia recommendation for the consolidation of eight campuses, proposed by Chancellor Hank Huckaby, will not have any immediate effect on the ratings assigned to the revenue bonds of four entities of the system. The Board of Trustees is expected to act upon the recommendation at its Jan. 10 and Jan. 11 meeting. The proposal, if approved, would immediately consolidate eight campuses, four of which have related revenue bonds with Standard & Poor's ratings of A+/Stable, related to their respective foundations: Gainesville State College, North Georgia College & State University (Dahlonega); Middle Georgia College (Cochran), and Macon State College. At...
Companies mentioned in this report are: University Sys of Georgia Brd of Regents
Action: Bulletin
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.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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