TITLE

S&P Raises California State Univ. Revenue Bonds to A-Plus

AUTHOR(S)
Saskal, Rich
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/19/2006, Vol. 356 Issue 32405, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Standard & Poors has upgraded California State University's system-wide revenue bonds to A-plus from A, reflecting the stabilizing state appropriations, continued solid demand, and improved debt management policies. According to the rating agency, the outlook is stable. The agency further said the university has managed successfully through a difficult-funding period in which appropriations declined for three years in a row.
ACCESSION #
21291983

 

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