S&P Global Ratings affirmed its'A+'long-term rating on Missouri State University's (MSU) series 2016A and series 2019A auxiliary enterprise revenue bonds. S&P Global Ratings also affirmed its'A+'rating on Missouri Health and Educational Facilities Authority's (MOHEFA) series 2019B educational facilities revenue bonds, issued for MSU. The outlook is stable. As of June 30, 2025, MSU's debt outstanding totaled $138 million. This includes $75 million of auxiliary enterprise system revenue bonds, $43.7 million of MOHEFA bonds, and $19.3 million in various leases. MSU's auxiliary enterprise bonds are secured by a pledge of net income from the university's auxiliary enterprise system that includes housing, dining, social, recreational, athletics, and parking facilities charges and fees. Among the revenue streams
