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University of Iowa Facilities Corp. State University of Iowa; Auxiliary - System; Note; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Feb 12 Product Image

University of Iowa Facilities Corp. State University of Iowa; Auxiliary - System; Note; Public Coll/Univ - Limited Student Fees; Public Coll/Univ - Unlimited Student Fees Feb 12

  • Published: February 2012
  • Region: Iowa
  • Standard & Poors

Abstract
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

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 READ MORE >

- The State Univ of Iowa
- University of Iowa Fac Corp

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