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Utah State Board Of Regents University Of Utah; Auxiliary - System; Moral Obligation; Public Coll/Univ - Limited Student Fees Jun 12
Standard & Poors, June 2012
Standard & Poor's Ratings Services assigned its 'AA' long-term rating to the Utah State Board of Regents' series 2012A auxiliary and campus facilities system (ACFS) revenue bonds, issued for the University of Utah. We also affirmed our 'AA' rating and underlying rating (SPUR) on the university's outstanding ACFS debt. In addition, Standard & Poor's affirmed its 'AA-' long-term rating and SPUR on the university's outstanding certificates of participation (COPs) and research facilities revenue and research facilities revenue refunding bonds. Finally, Standard & Poor's affirmed its 'AA/A-1+' rating on the university's 1997A auxiliary and campus facilities system variable-rate revenue bonds. The outlook on all ratings is stable. The ACFS debt is secured by a broad pledge of net revenues from the...
Companies mentioned in this report are: University of Utah,Utah St Brd of Regents
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 Utah,Utah St Brd of Regents