| Title: | Summary: Boston University, Massachusetts; Private Coll/Univ - General Obligation |
| Price: | $175.00 |
| Publication Date: | May 05, 2008 |
| Report Type: | Summary |
| Abstract: | Standard&Poor's Ratings Services assigned its 'A-' long-term rating to Massachusetts Development Finance Agency's series U bonds, issued for Boston University (BU). Standard&Poor's also affirmed its 'A-' rating on the outstanding debt issued for BU. The rating outlook is stable. The 'A-' rating is supported by: A large, comprehensive academic program; Strong student demand, excellent student quality, and a national draw, with just 21% of the entering freshman class coming from Massachusetts; Consistently good financial operations; and An endowment market value of slightly less than $1.2 billion as of March 31, 2007. Offsetting factors include: Low levels of liquidity for the current rating, with expendable resources at just 50% of adjusted operating expenses and 62% of pro |
| Brief Excerpt: | RESEARCH Ratings Definitions Summary: Boston University, Massachusetts; Private Coll/Univ - General Obligation Publication date: ##-May-#### Primary Credit Analyst: Marc Savaria, Boston (#) ###-###-####; marc_savaria@standardandpoors.com... |
| Word Count: | 1244 |
| Issuer: | Boston Univ |
| Sector: | Global Issuers, Public Finance, Financial Institutions, Insurance, Corporations, Utilities |
| Country: | United States |
| Region: | United States |
| Format: | 
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