CHICAGO (Standard&Poor's) Oct. 16, 2013--Standard&Poor's Ratings Services has assigned its 'AAA' long-term rating to Northwestern University, Ill.'s approximately $585 million taxable fixed-rate bonds, series 2013. At the same time, Standard&Poor's has affirmed its 'AAA' long-term rating on various revenue bonds and its 'A-1+' short-term rating on Northwestern's commercial paper (CP) notes., The outlook is stable. "Northwestern's credit characteristics include impressive demand, a diverse revenue stream, strong operations, and solid financial resources supported by consistent fundraising," said Standard&Poor's credit analyst Jessica Wood. While the university has delayed some capital plans during the past few years, it has begun to move forward on several projects. This includes a new business building, a southeast campus
