NEW YORK (S&P Global Ratings) May 12, 2021--S&P Global Ratings revised the outlook on its 'AA-' rating on University of North Carolina Board of Governors' revenue debt, issued for East Carolina University (ECU), to stable from negative. At the same time, S&P Global Ratings assigned its 'AA-' rating, with a stable outlook, to University of North Carolina Board of Governors' approximately $51.125 million series 2021 taxable revenue bonds, issued for ECU, and affirmed its 'AA-' rating on ECU's existing debt. "The outlook revision to stable reflects S&P Global Ratings' opinion of ECU's enterprise profile, which has maintained enrollment levels despite COVID-19-related pressures and its financial profile, which has maintained positive operations," said S&P Global Ratings credit analyst Kevin Barry. The