Report title: Summary: Santa Fe, NM; Revenue - Higher Education, Private Coll/Univ - General Obligation
from S&P Credit Research
654 word report published Aug 19, 1999

Price $175.00 available for immediate download HTML
Report Overview
 
Search Inside
Abstract: The rating on Santa Fe, N.M.'s bonds, issued for St. John's College Santa Fe Campus, reflects the college's: Small enrollment, Poor attrition rates, High tuition discount rates, and High dependence on student-generated fees. An investment grade rating is warranted, however, given: Adequate selectivity and demand flexibility, Good financial performance and liquidity levels, and A manageable debt burden. The bonds are secured by the college's GO pledge. St. John's College is a four-year liberal arts college with two campuses located in Santa Fe, N.M. and Annapolis, Md. (GO debt rated 'BBB+'). The college is nationally known for its "great books" curriculum and classes with fewer than 21 students. Although the campuses share a common curriculum, each campus has its own president

Brief Excerpt: RESEARCH Ratings Definitions Summary: Santa Fe, NM; Revenue - Higher Education, Private Coll/Univ - General Obligation Publication date: 19-Aug-1999 Credit Profile AFFIRMED Santa Fe, New Mexico St Johns College Santa Fe Campus, New Mexico...

Report Type: Summary
Issuer: Santa Fe
Sector: Financial Institutions, Global Issuers, Public Finance
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

 
Also from S&P Credit Research
  • Summary: Santa Fe, New Mexico; Water/Sewer  $175.00
    Standard&Poor's Ratings Services affirmed its 'AA-' long-term rating, and stable outlook, on Santa Fe, N.M.'s water utility/capital outlay gross receipts tax revenue-refunding bonds. The rating reflects our opinion of the system's: Diverse, ... 
  • Santa Fe, NM GRT Debt Upgraded To 'AA+' On Strong Debt Service Coverage  $100.00
    NEW YORK (Standard&Poor's) Sept. 19, 2008--Standard&Poor's Ratings Services raised its standard long-term rating and underlying rating (SPUR) on Santa Fe, N.M.'s previously issued senior-lien gross receipts tax (GRT) debt to 'AA+' from 'AA'. ... 
  • Summary: Santa Fe, New Mexico; Sales Tax  $175.00
    Standard&Poor's Ratings Services raised its standard long-term rating and underlying rating (SPUR) on Santa Fe, N.M.'s previously issued senior-lien gross receipts tax (GRT) debt to 'AA+' from 'AA'. At the same time, Standard&Poor's raised ... 
  • Summary: Santa Fe, New Mexico; Letter of Credit  $175.00
    Standard&Poor's Ratings Services affirmed its 'AA+/A-1+' rating on Santa Fe, N.M.'s gross receipts tax subordinate-lien wastewater system variable-rate revenue bonds series 1997B due to the bank facility being extended to Dec. 4, 2012. The ... 
  • Summary: Santa Fe, New Mexico; General Obligation  $175.00
    Standard&Poor's Ratings Services assigned its 'AA' rating to Santa Fe, N.M.'s general obligation (GO) bonds. The rating reflects the city's: Vibrant economic base, anchored by the state government; Diverse property tax base and strong income ... 
  • Summary: Santa Fe, New Mexico; Sales Tax  $175.00
    Standard&Poor's Ratings Services affirmed its 'AA-' underlying rating (SPUR) on Santa Fe, N.M.'s series 2006C subordinate-lien gross receipts tax (GRT)/wastewater improvement revenue bonds, and lowered its SPUR on the city's parity series 2005 ... 
  • Santa Fe, New Mexico; Sales Tax  $400.00
    Standard&Poor's Ratings Services assigned its 'AA' standard long-term rating, and stable outlook, to Santa Fe, N.M.'s series 2008 gross receipts tax (GRT) refunding revenue bonds and affirmed its 'AA' standard long-term rating and Standard&Poor's ... 
  • Summary: Santa Fe, New Mexico; Sales Tax  $175.00
    Standard&Poor's Ratings Services assigned its 'AA' standard long-term rating, and stable outlook, to Santa Fe, N.M.'s series 2008 gross receipts tax (GRT) refunding revenue bonds and affirmed its 'AA' standard long-term rating and Standard&Poor's ... 
 S&P Credit Research
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.
Price: $175.00