CHICAGO (Standard&Poor's) Dec. 22, 2010-- Standard&Poor's Rating Services revised its outlook to positive from stable on the Illinois Finance Authority's series 2008 revenue bonds, issued on behalf of DePaul University. Standard&Poor's also revised its outlook on DePaul's issuer credit rating (ICR) to positive from stable. We also assigned our 'A-' rating and positive outlook to the Illinois Finance Authority series 2011A revenue bonds and series 2011B revenue refunding bonds, also issued on behalf of DePaul University. " The outlook change is based on the university's very strong operating performance and limited additional debt plans," noted Standard&Poor's credit analyst Susan Carlson. The rating reflects our view of the university's very strong financial performance,
