Regent University, VA Debt Rating Raised To 'BBB' On Enrollment Growth And Operating Surpluses; Outlook Stable - S&P Global Ratings’ Credit Research

Regent University, VA Debt Rating Raised To 'BBB' On Enrollment Growth And Operating Surpluses; Outlook Stable

Regent University, VA Debt Rating Raised To 'BBB' On Enrollment Growth And Operating Surpluses; Outlook Stable - S&P Global Ratings’ Credit Research
Regent University, VA Debt Rating Raised To 'BBB' On Enrollment Growth And Operating Surpluses; Outlook Stable
Published Oct 28, 2022
2 pages (1085 words) — Published Oct 28, 2022
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Abstract:

SAN FRANCISCO (S&P Global Ratings) Oct. 28, 2022--S&P Global Ratings raised its long-term rating to 'BBB' from 'BBB-' on the existing bonds of Regent University, Va. The outlook is stable. "The rating upgrade reflects our view of Regent's significant enrollment growth, healthy operating surpluses with zero endowment draws, and material growth in available resources in the last couple of years," said S&P Global Ratings credit analyst Ying Huang. Founded in 1978 and located on 70 acres in Virginia Beach, Va., Regent consists of seven graduate schools and one undergraduate school. The university offers more than 90 graduate and undergraduate degrees on campus and online, with roughly 72.8% of students taking classes online in fall 2022. According to management, the university

  
Report Type:

Ratings Action

Issuer
Regent University
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Regent University, VA Debt Rating Raised To 'BBB' On Enrollment Growth And Operating Surpluses; Outlook Stable" Oct 28, 2022. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Regent-University-VA-Debt-Rating-Raised-To-BBB-On-Enrollment-Growth-And-Operating-Surpluses-Outlook-Stable-2910127>
  
APA:
S&P Global Ratings’ Credit Research. (). Regent University, VA Debt Rating Raised To 'BBB' On Enrollment Growth And Operating Surpluses; Outlook Stable Oct 28, 2022. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Regent-University-VA-Debt-Rating-Raised-To-BBB-On-Enrollment-Growth-And-Operating-Surpluses-Outlook-Stable-2910127>
  
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