Summary: Washington State University; Auxiliary - System; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Jan 12
- Language: English
- Published: January 2012
- Region: Washington
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
Action: New Rating
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Research Type: Full Analysis