Moody's assigns Aa2 to University of Houston, TX's $47M Series 2014 bonds; outlook stable

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...

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...

Moody's Assigns Aa2 to University of Houston (TX) System's Series 2017A&B; Outlook Stable - Rating Action – 2017/01/05 – US$ 180.00

University of Houston System: New Issue - Moodys assigns Aa2 ratings to University of Houston System, TX Series 2016 A&B; outlook stable - New Issue – 2015/12/16 – US$ 750.00

Moody's assigns Aa2 ratings to University of Houston System, TX Series 2016 A&B; outlook stable - Rating Action – 2015/12/16 – US$ 180.00

Moody's assigns Aa2 to University of Houston, TX's $47M Series 2014 bonds; outlook stable - Rating Action – 2014/09/26 – US$ 180.00

Moody's assigns Aa2 to University of Houston System's (TX) $152.6M Ser. 2013A-B bonds; outlook stable - New Issue – 2013/08/08 – US$ 750.00

Moody's assigns Aa2 to University of Houston System's (TX) $152.6M Ser. 2013A-B bonds; outlook stable - Rating Action – 2013/08/08 – US$ 180.00

MOODY'S ASSIGNS Aa2 RATING TO UNIVERSITY OF HOUSTON SYSTEM'S (TX) $309.8 MILLION CONSOLIDATED REVENUE AND REFUNDING BONDS, SERIES 2011A AND 2011B (TAXABLE) BONDS - New Issue – 2011/11/21 – US$ 750.00

MOODY'S ASSIGNS Aa2 RATING TO UNIVERSITY OF HOUSTON SYSTEM'S (TX) $309.8 MILLION CONSOLIDATED REVENUE AND REFUNDING BONDS, SERIES 2011A AND 2011B (TAXABLE) BONDS - Rating Action – 2011/11/21 – US$ 180.00