Summary: Colorado State University System Board of Governors; School State Program Feb 12

Standard & Poors, February 2012

Abstract
Standard & Poor's Ratings Services assigned its 'AA-' long-term rating, and stable outlook, to Colorado State University System Board of Governors, Colo.'s, series 2012A system enterprise revenue bonds. The rating reflects our view of the university's eligibility and participation in the Colorado Higher Education State Aid Intercept Program. The credit characteristics of the program are supported by the strength and availability of state aid to the intercept program participants. Standard & Poor's rates four different types of state programs in more than 20 states that provide enhancement for school and other bond issues. These program types include state guarantee, permanent fund, annual appropriation, and state intercept or withholding programs. Each state program is analyzed according to the program type, and...

Companies mentioned in this report are: Colorado St Univ Sys Brd of Governors
Action: New Rating
Action: Outlook: Stable

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This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included.

Colorado St Univ Sys Brd of Governors

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