- Language: English
- 134 Pages
- Published: July 2008
- Region: Canada, United States
Pinellas County Education Facility Authority, Florida Barry University; Private Coll/Univ - General Obligation Feb 12
- Published: February 2012
- Region: Florida
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'BBB' rating and stable outlook to Pinellas County Education Facility Authority, Fla.' series 2012 revenue bonds, issued for Barry University, and affirmed its 'BBB' rating, with a stable outlook, on the university's parity debt. The rating reflects our assessment of, what we consider, the university's consistently strong operating performance given that financial resources are, in our view, adequate or slightly low for the rating. Although slightly volatile in certain areas, demand has become more selective while student enrollment has remained relatively stable. We would take a negative view of steep enrollment declines or additional debt without a significant increase in financial resources. The rating also reflects our view of the university's: Strong competition...
Companies mentioned in this report are: Barry Univ,Pinellas Cnty Ed Fac Auth
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
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Barry Univ,Pinellas Cnty Ed Fac Auth