North Carolina Board Of Governors University Of North Carolina-Chapel Hill; Appropriations; CP; Public Coll/Univ - Unlimited Student Fees Jun 12
- ID: 2177726
- June 2012
- Region: North Carolina
- Standard & Poors
Standard & Poor's Ratings Services has assigned its 'AA+' long-term rating to University of North Carolina Board of Governors' series 2012C taxable bonds. At the same time, we affirmed our 'AA+' ratings on other bonds issued for the University of North Carolina Chapel Hill (UNC-CH) by various issuers. We also affirmed our 'AA' long-term rating on the board of governors' series 1997 utility revenue bonds, issued for UNC-CH. Standard & Poor's also affirmed its 'A-1+' short-term rating based on our view of UNC-CH's self-liquidity and strong bank lines of credit. The outlook remains positive. The rating reflects our assessment of UNC-CH's strong unlimited student-fee pledge and the 'AA' rating reflects the narrower pledge associated with the utility system revenue bonds....
Companies mentioned in this report are:
- University of North Carolina at Chapel Hill
- The Brd of Governors of the Univ of North Carolina
Action: New Rating
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Research Type: Full Analysis