University Of California Board Of Regents; Auxiliary - System; CP; Public Coll/Univ - Unlimited Student Fees Nov 10

Standard & Poors, November 2010

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to the University of California Board of Regents' series 2010W and 2010X general revenue bonds. Additionally, Standard & Poor's assigned it's 'AA' long-term rating to the California Statewide Communities Development Authority's series A recovery zone economic development (RZED) bonds, issued for the University of California Board of Regents. Finally, Standard & Poor's affirmed its 'AA' and 'AA-' long-term and underlying ratings (SPURs) on the University of California Board of Regent's various outstanding revenue debt and its 'A-1+' short-term rating on the regents' commercial paper (CP) note program, which is authorized up to $2 billion and currently has approximately $712.8 million outstanding. The outlook is stable. The 'AA' rating on the...

Companies mentioned in this report are:
- University of California Brd of Regents
- California
- California Statewide Communities Dev Auth

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.

Research Type: Full Analysis

- University of California Brd of Regents
- California
- California Statewide Communities Dev Auth

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