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Western Illinois University Board Of Trustees Western Illinois University; Public Coll/Univ - Unlimited Student Fees Feb 12 Product Image

Western Illinois University Board Of Trustees Western Illinois University; Public Coll/Univ - Unlimited Student Fees Feb 12

  • ID: 2084325
  • February 2012
  • Region: Illinois
  • Standard & Poors

Abstract
Standard & Poor's Ratings Services has revised its outlook to stable from negative on debt issued by Western Illinois University Board of Trustees for Western Illinois University (WIU). At the same time, Standard & Poor's Ratings Services has assigned its 'A' long-term rating to $33.4 million of auxiliary facilities system revenue bonds, series 2012. In addition, we affirmed our 'A' long-term rating and underlying rating (SPUR) on the university's certificates of participation and auxiliary facilities system (AFS) debt outstanding. The return to a stable outlook reflects our view that, although the state continues to delay disbursements, the university has demonstrated the ability to successfully manage its operations and cash flows and make timely debt service and vendor payments during the...

Companies mentioned in this report are: Western Illinois Univ,Western Illinois 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

Western Illinois Univ,Western Illinois Univ Brd of Trustees

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