East Carolina University, NC Rating Outlook Revised To Stable From Negative On Sustained Enrollment, Improved Financials - S&P Global Ratings’ Credit Research

East Carolina University, NC Rating Outlook Revised To Stable From Negative On Sustained Enrollment, Improved Financials

East Carolina University, NC Rating Outlook Revised To Stable From Negative On Sustained Enrollment, Improved Financials - S&P Global Ratings’ Credit Research
East Carolina University, NC Rating Outlook Revised To Stable From Negative On Sustained Enrollment, Improved Financials
Published May 12, 2021
2 pages (1298 words) — Published May 12, 2021
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Abstract:

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

  
Report Type:

Ratings Action

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Global Issuers, Public Finance
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MLA:
S&P Global Ratings’ Credit Research. "East Carolina University, NC Rating Outlook Revised To Stable From Negative On Sustained Enrollment, Improved Financials" May 12, 2021. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/East-Carolina-University-NC-Rating-Outlook-Revised-To-Stable-From-Negative-On-Sustained-Enrollment-Improved-Financials-2646355>
  
APA:
S&P Global Ratings’ Credit Research. (). East Carolina University, NC Rating Outlook Revised To Stable From Negative On Sustained Enrollment, Improved Financials May 12, 2021. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/East-Carolina-University-NC-Rating-Outlook-Revised-To-Stable-From-Negative-On-Sustained-Enrollment-Improved-Financials-2646355>
  
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