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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

  • ID: 2046667
  • 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 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.

Research Type: Full Analysis

Note: Product cover images may vary from those shown

- Washington St Univ
- Washington

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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