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Kansas Development Finance Authority University of Kansas; Higher Education, Auxiliary - System; Higher Education, Indirect Cost Recoveries; Higher Education, Other; Higher Education, Public Coll/Univ - Unlimited Student Fees Apr 05
Standard & Poors, April 2005
Standard & Poor's Ratings Services assigned its 'A' rating to the Kansas Development Finance Authority's (KDFA) series 2005E bonds, issued for the Kansas Board of Regents and the University of Kansas (KU). The rating reflects the lower of the two underlying revenue streams securing the bonds that are not differentiated to investors. The bonds are expected to be insured by AMBAC. The 2005E bonds will be issued by the Authority to provide funds to acquire two separately secured series of bonds: the $15.42 million sub-series 2005E-1 housing system revenue bonds, to which Standard & Poor's assigned its 'AA-' rating, and the $3.44 million sub-series 2005E-2 KU Medical Center Parking System revenue bonds, to which Standard & Poor's assigned its 'A'...
Companies mentioned in this report are: University of Kansas,Kansas Dev Fin 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
University of Kansas,Kansas Dev Fin Auth