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Washington State University; Auxiliary - System; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Jan 12 Product Image

Washington State University; Auxiliary - System; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Jan 12

  • Published: January 2012
  • Region: Washington
  • Standard & Poors

FEATURED COMPANIES

  • Washington
  • Washington St Univ
  • MORE

Abstract
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to Washington State University's (WSU) general revenue bonds, series 2012. At the same time, Standard & Poor's affirmed its 'AA' long-term and underlying rating (SPUR) on the university's student fee revenue bonds, trust and building fee bonds, and recreation center bonds outstanding; its 'A+' long-term rating and SPUR on the university's housing and dining system revenue bonds outstanding; and its 'A' SPUR on the university's parking system revenue bonds outstanding. With this issuance, WSU has introduced a new security and closed housing and dining, parking, and athletic securities. Overall, the university continues to produce positive operating margins despite a challenging state appropriation environment. However, financial resources remain low for the...

Companies mentioned in this report are:
- Washington St Univ
- Washington

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 READ MORE >

- Washington St Univ
- Washington

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