• +353-1-416-8900(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Florida State Board Of Regents Florida State University; Public Coll/Univ - Unlimited Student Fees Jan 11 Product Image

Florida State Board Of Regents Florida State University; Public Coll/Univ - Unlimited Student Fees Jan 11

  • Published: January 2011
  • Region: Florida
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services raised its ratings to 'AA' from 'AA-' on debt issued by the Florida State Board of Regents for Florida State University (FSU), including the health-fee revenue bonds and parity parking-facility bonds. The parking-facility and health-revenue bonds are viewed as equivalent to an unlimited student-fee pledge. At the same time, Standard & Poor's assigned its 'AA' long-term rating, with stable outlook, to the board's $21.3 million series 2011A parking facility revenue bonds. The university's pledge of revenues from an unlimited student health-fee charged to all students, which we view as an unlimited student fee, secures the health-revenue bonds. An unlimited student transportation-access fee charged to all students secures the parking facility bonds. The 'AA' rating reflects...

Companies mentioned in this report are:
- Florida St Univ
- Florida Board of Governors

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 READ MORE >

- Florida St Univ
- Florida Board of Governors

Note: Product cover images may vary from those shown

RELATED PRODUCTS