Moody's assigns Aa2 to University of Houston System's (TX) Series 2022A&B; outlook stable

Moody's assigns Aa2 to University of Houston System's (TX) Series 2021A&B; outlook stable - Rating Action – 2021/02/22 – US$ 180.00 – ...MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT...

Moody's assigns Aa2 to University of Houston System's (TX) Series 2020A&B; outlook stable - Rating Action – 2020/01/06 – US$ 180.00 – ...ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. All information contained herein is obtained by MOODY'S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without warranty of any kind. MOODY'S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY'S considers to be reliable including, when appropriate, independent third-party sources. However, MOODY'S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing its Publications. To the extent permitted by law, MOODY'S and its directors, officers,...

University of Houston System, TX: New Issue - Moodys assigns Aa2 to University of Houston System, TX's series 2017C; outlook stable - New Issue – 2017/12/08 – US$ 750.00 – ...Moody's Investors Service has assigned a Aa2 to University of Houston System, TX's (UHS) proposed fixed rate $324 million Consolidated Revenue and Refunding Bonds, Series 2017C (maturing 2049) to be issued by the Board of Regents of the UHS. We have affirmed the Aa2 ratings on the system's parity outstanding $1.2 billion of rated CRBs, the P-1 rating on the Commercial Paper (CP) program, and Aa2/VMIG 1 on the series 2004 CRBs. The outlook is stable. The Aa2 rating reflects the UHS' excellent strategic positioning as the largest four-year higher education provider in the economically vibrant Houston metropolitan region, supported by robust operating and capital support from the Aaa-rated State of Texas, with good operating cash flow bolstered by rising gift support. Further supporting the Aa2 rating is the sizeable $1.3 billion scope of operations and growth prospects. Offsetting challenges include high and rising leverage, limited research activity, and a large net pension liability. The...

Moody's assigns Aa2 to University of Houston System, TX's series 2017C; outlook stable - Rating Action – 2017/12/08 – US$ 180.00 – ...MOODY'S CREDIT RATINGS AND MOODY'S PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS OR MOODY'S PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. ALL INFORMATION CONTAINED HEREIN IS PROTECTED BY LAW, INCLUDING BUT NOT LIMITED TO, COPYRIGHT LAW, AND NONE OF SUCH INFORMATION MAY BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. All information contained herein is obtained by MOODY'S from sources believed by it to be accurate and reliable. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS...

University of Houston System, TX: New Issue - Moodys Assigns Aa2 to University of Houston (TX) Systems Series 2017A&B; Outlook Stable - New Issue – 2017/01/05 – US$ 750.00 – ...Moody's Investors Service has assigned Aa2 ratings to University of Houston System, TX's (UHS) proposed fixed rate $344.1 million Consolidated Revenue and Refunding Bonds, Series 2017A and $11.6 million Consolidated Revenue Bonds (CRBs), Taxable Series 2017B (both maturing 2038) to be issued by the Board of Regents of the Univ. of Houston System. We have also affirmed the Aa2 ratings on the system's parity outstanding $1.0 billion of rated CRBs, the P-1 rating on the Commercial Paper (CP) program, and Aa2/VMIG 1 on the CRBs, Ser. 2004. The outlook is stable. The Aa2 rating reflects the UHS' excellent strategic positioning as the largest four-year higher education provider in the economically vibrant Houston metropolitan region, supported by robust operating and capital support from the Aaa-rated State of Texas, with good operating cash flow bolstered by rising gift support. Further supporting the Aa2 rating is the sizeable $1.3 billion scope of operations and growth prospects. Offsetting...