Utah State Board Of Regents University Of Utah; Auxiliary - System; Moral Obligation; Public Coll/Univ - Limited Student Fees Jun 12
Standard & Poors, June 2012
Abstract
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
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Research Type: Full Analysis
University of Utah,Utah St Brd of Regents
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