Lake Superior State University Board Of Trustees, Lake Superior State University; Public Coll/Univ - Unlimited Student Fees Feb 12

Standard & Poors, February 2012

Abstract
Standard & Poor's Ratings Services revised its outlook to positive from stable and affirmed its 'BBB+' underlying rating (SPUR) on Lake Superior State University Board of Trustees, Mich.'s existing general revenue bonds, issued on behalf of Lake Superior State University (LSSU). At the same time, Standard & Poor's assigned its 'BBB+' long-term rating to Lake Superior State University Board of Trustees' series 2012 general revenue refunding bonds, also issued on behalf of LSSU. Management indicates it will refund the university's outstanding series 1997 and series 2001 bonds with the proceeds of the series 2012 issuance. The outlook revision reflects our view of the university's improved operating performance, stabilized management team, and growth in student enrollment. Factors supporting the rating include...

Companies mentioned in this report are: Lake Superior St Univ,Lake Superior St Univ Brd of Trustees
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

Lake Superior St Univ,Lake Superior St Univ Brd of Trustees

Customers who bought this item also bought

• The Survey of Distance Learning Programs in Higher Education, 2012-13 Edition
• Survey of Public Relations Practices in Higher Education
• Best Practices in Student Retention, 2012 Edition
• Information Literacy Efforts Benchmarks, 2013 Edition
• Best Practices in Student & Faculty Assessment, 2012 Edition
• The Survey of Library Public Relations Practices
• The Survey of Academic Librarians: Use of Associations, Blogs, Listservs, Conferences, & Publications about Libraries
• The Survey of Distance Learning Programs in Higher Education, 2010 Edition
• On Being Presidential. A Guide for College and University Leaders
• Charter Schools - Global Outlook