...S&P Global Ratings revised its outlook to positive and affirmed its 'A+' rating on Missouri State University (MSU)'s series 2005A, 2007A, 2010A, 2010B, 2010C, 2014A, and 2015A auxiliary enterprise revenue bonds. We also revised the outlook to positive and affirmed the 'A+' long-term rating on the series 2010B, 2014, and 2015 bonds, issued by the Missouri Health & Educational Facilities Authority on behalf of the university. In addition, S&P Global Ratings assigned its 'A+' rating and positive outlook to MSU's series 2016A auxiliary enterprise system revenue bonds. The positive outlook reflects the university's sound balance sheet metrics and consistently positive operating results, coupled with its increasing enrollment and healthy demand profile. We assessed MSU's enterprise profile as very strong, characterized by moderate enrollment growth and stable demand profile with moderate selectivity and healthy retention. We assessed MSU's financial profile as very strong, with strong financial...
