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Summary: University Of Mississippi Educational Building Corp., University Of Mississippi; Public Coll/Univ - Unlimited Student Fees Jan 12
Standard & Poors, January 2012
Standard & Poor's Ratings Services revised its outlook to positive and affirmed its 'AA-' long-term and underlying rating (SPUR) on University of Mississippi Educational Building Corp.'s existing bonds, issued on behalf of the University of Mississippi (UM). In addition, Standard & Poor's revised its outlook to positive and affirmed its 'AA-' issuer credit rating (ICR) on the University of Mississippi. The revised outlook reflects our view of UM's improved operating performance despite reductions in state appropriations, and growth in enrollment and financial resource ratios that are above the median of other rated public university ratios. Further supporting the rating is the unconditional obligation of the Mississippi Board of Trustees of State Institutions of Higher Learning to make rental payments under...
Companies mentioned in this report are: University of Mississippi,University of Mississippi Educl Bldg Corp
Action: Outlook: Positive
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.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.
University of Mississippi,University of Mississippi Educl Bldg Corp