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S&P Credit Research1212 word report
published Nov 04, 2009
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S&P Credit Research
| Abstract: | Standard&Poor's Ratings Services affirmed its 'A+' underlying rating (SPUR) on the Colorado State University System Board of Governors' system enterprise revenue bonds series 2007A, 2007B, 2008A, and 2009A, issued on behalf of the Colorado State University System. The outlook is stable. The application of the government-related entities (GREs) criteria applies only to these system enterprise revenue bonds, as the security on those bonds is equivalent to an unlimited student fee pledge, or the broadest pledge of the university. In accordance with our criteria for GREs, our view of a "moderate" likelihood of extraordinary government support is based on our assessment of the university's "limited" link with the state of Colorado (AA/Stable) given the state's history of ongoing operating
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| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Colorado State University System Board of Governors Colorado State University System; Public Coll/Univ - Unlimited Student Fees; School State Program Publication date: 04-Nov-2009 Primary Credit...
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| Report Type: | Summary
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| Issuer: | Colorado St Univ Sys Brd of Governors
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| Sector: | Public Finance
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| Country: | United States
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| Region: | United States
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| Free Sample: |
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| Format: | | HTML |  |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
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