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

Saskal, Rich
June 2006
Bond Buyer;6/19/2006, Vol. 356 Issue 32405, p44
Trade Publication
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.


Related Articles

  • Staying Stable. Newman, Emily // Bond Buyer;8/07/2003, Vol. 345 Issue 31694, p29 

    Reports on the rating of bonds in West Virginia by rating agency Standard & Poor's. Stability of the state's rating.

  • S&P Starts Assigning Management Assessments to GO, Appropriation Bonds. Fine, Jacob // Bond Buyer;6/29/2006, Vol. 356 Issue 32413, p7 

    The article reports on the new rating system of Standard & Poor's Corp. for general obligation (GO) and appropriation bonds. The agency's U.S. public finance ratings groups has begun assigning formalized financial management assessments on GO and appropriation debts. Under the new system,...

  • Ratings agencies must be accountable. Brierley, Sean // Finance Week (Centaur Communications);11/19/2005, p12 

    The article focuses on the increase in the transparency of credit rating agencies in Great Britain. The company's accountability does not match the power and responsibility that they wield. The credibility of their research has been attacked when they have failed to spot companies that are on...

  • FLORIDA: Citizens' 3-Way Affirmation. Sigo, Shelly // Bond Buyer;2/1/2007, Vol. 359 Issue 32559, p9 

    The article reports on the affirmation made by major rating agencies to the ratings of Citizens Property Insurance Corp. after Florida Governor Charlie Crist signed a bill that will expand the state-run insurance policies. The rating agencies include Fitch Ratings Inc., Moody's Investors Service...

  • Delaware, Its Triple-A Affirmed, Goes To Market With $120 Million GO Sale. Newman, Emily // Bond Buyer;8/06/2003, Vol. 345 Issue 31693, p27 

    Reports on the sale of Delaware's general obligation bonds. Rating of bonds assigned by various rating agencies; Amount of bonds; Factors considered by rating agencies before affirmation of bond rating; Increase in the revenue of state.

  • Colonie, N.Y., Debt Cut to A2 by Moody's.  // Bond Buyer;5/3/2006, Vol. 356 Issue 32373, p2 

    The article reports on the rating assigned by Moody's Investors Service to the multimillion-dollar in Series 2006 refunding serial bonds in Colonie, New York. It also downgraded the town's outstanding parity debt to A2 with a negative outlook from Aa3. The downgrade reflects an accumulated...

  • WHAT IS THE NEW TRIPLE-A ? Colomer, Nora // Asset Securitization Report;Oct2009, Vol. 9 Issue 17, p18 

    The article discusses the move of U.S. credit rating agencies' (CRAs) to build their brands as they face criticism from market experts. As to Diane Westerback, managing director of structured finance of Standard & Poor's Corp. (S&P), the position of their company is better for they can execute...

  • As California Wave Recedes, Puerto Rico Steps Up With $1.5B. Albano, Christine // Bond Buyer;5/10/2004, Vol. 348 Issue 31880, p6 

    Reports on bond deals in the United States. California's economic recovery bond deal; Puerto Rico's offerings; New York City general obligation sale; Moody's Investor Service's rating of the Building Authority's debt; Insured sale from the Massachusetts Building Authority being priced by the...

  • Fitch survey on notching released in preparation for April 17 BMA meeting. Editorial Staff // Asset Securitization Report;4/1/2002, Vol. 2 Issue 13, pN.PAG 

    Comments on a Fitch Ratings Inc.-sponsored survey which indicates majority of senior structured finance executives opposed notching. Controversy over rating agencies' notching policies; Views on the use by rating agencies of their market share to suppress competition in the rating of structured...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics