Standard & Poor's Ratings Services has assigned its 'AA' long-term rating to the University of Iowa Facilities Corp.'s series 2012 revenue refunding bonds, issued on behalf of the State University of Iowa (SUI). At the same time, Standard & Poor's has affirmed its 'AA' long-term and underlying rating (SPUR) on SUI's outstanding revenue bonds, academic building revenue bonds, memorial union revenue bonds, and telecommunications facilities revenue bonds. Standard & Poor's has also affirmed its 'AA-' long-term rating and SPUR on SUI's athletic facility revenue bonds and its 'A+' long-term rating on SUI's parking system and dormitory debt. Finally, Standard & Poor's affirmed its 'SP-1+' short-term rating on the university's series 2009 bond anticipation notes (BANs) that mature on Jan.1, 2013,...
Companies mentioned in this report are:
- The State Univ of Iowa
- University of Iowa Fac Corp
Action: New Rating
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