...CHICAGO (S&P Global Ratings) Aug. 17, 2016--S&P Global Ratings has assigned its 'A' long-term rating to the Illinois Finance Authority's series 2016A revenue refunding bonds issued for DePaul University. At the same time, we affirmed our 'A' issuer credit rating (ICR) on DePaul and affirmed our ratings on the authority's series 2008, 2011A, and 2011B bonds, series 2013 and 2016 revenue bonds issued for DePaul, and the university's series 2015 taxable refunding bonds. The outlook is stable. "We assessed DePaul's enterprise profile as strong," said S&P Global Ratings credit analyst Gauri Gupta, "characterized by broad program offerings with moderate demand, robust competition for students with pressure on enrollment, success under a recent fundraising campaign, and solid management policies and practices." We assessed DePaul's financial profile as strong, characterized by robust operating performance, good levels of investment liquidity, limited revenue diversity, rapid amortization of debt,...
