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Barry University, FL?s Series 2012 Bonds Rated ?BBB? Feb 12 Product Image

Barry University, FL?s Series 2012 Bonds Rated ?BBB? Feb 12

  • Published: February 2012
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) Feb. 3, 2012--Standard & Poor's Ratings Services has assigned its 'BBB' long-term rating and stable outlook to the series 2012 bonds issued by Pinellas County Educational Facilities Authority, Fla. on behalf of Barry University. At the same time, we affirmed our 'BBB' rating on the university's previously issued debt. "The rating reflects our opinion of the university's consistently strong operating performance, based on financial resources that we consider adequate or slightly low for the rating," said Standard & Poor's credit analyst Carolyn McLean. "Demand, although slightly volatile in certain areas, has become more selective and enrollment has remained relatively stable. The 'BBB' rating also reflects Standard & Poor's view of the university's: Strong competition for...

Companies mentioned in this report are: Barry Univ,Pinellas Cnty Ed Fac Auth
Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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Barry Univ,Pinellas Cnty Ed Fac Auth

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