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University Of Central Florida's Series 2012A Housing Bonds Rated 'A+' On Good Debt Service Coverage And Demand Jan 12 Product Image

University Of Central Florida's Series 2012A Housing Bonds Rated 'A+' On Good Debt Service Coverage And Demand Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
BOSTON (Standard & Poor's) Jan. 17, 2012--Standard & Poor's Ratings Services has assigned its 'A+' long-term rating to the University of Central Florida's (UCF) series 2012A housing bonds. The housing bond rating is differentiated from the unlimited student fee rating due to a narrower revenue pledge. At the same time, Standard & Poor's affirmed its 'AA-' long-term rating on the Florida Board of Governors' series 2011A parking facility revenue refunding bonds issued for UCF, which reflects a security we view as an unlimited student fee. Standard & Poor's also affirmed the 'A+' underlying rating (SPUR) on the student health center bonds, which are secured by a limited student fee. In addition, Standard & Poor's affirmed its 'A' SPUR on the...

Companies mentioned in this report are: University of Central Florida,Florida Board of Governors,Golden Knight Prop Corp
Action: Affirmed
Action: New Rating
Action: Outlook: Positive
Action: Outlook: Stable

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured READ MORE >

University of Central Florida,Florida Board of Governors,Golden Knight Prop Corp

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