Crete, Nebraska Saline County Doane College; Private Coll/Univ - General Obligation Jan 13
- ID: 2386547
- January 2013
- Region: Nebraska
- Standard & Poors
Standard & Poor's Ratings Services assigned its 'A' long-term rating to Crete, Neb.'s $7.09 million series 2013 fixed-rate revenue bonds issued on behalf of Doane College. In addition, Standard & Poor's assigned its 'A' long-term rating to Saline County, Neb.'s $9.85 million series 2013A and $8.45 million series 2013B fixed-rate revenue bonds also issued for Doane College. The 'A' rating reflects our view of Doane's strong financial resource ratios, light debt levels, and growing enrollment trends in its traditional four-year program along with positive net tuition revenue trends. In addition, Doane's non-traditional degree completion programs and graduate programs complement Doane's traditional undergraduate program, expanding Doane's target student base and further supporting operations and Doane's overall strategic plan. The 'A' rating...
Companies mentioned in this report are:
- Doane Coll
- Saline Cnty
Action: New Rating
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Research Type: Full Analysis