S&P Global Ratings raised its rating to 'BB+' from 'BB' on the Public Finance Authority , Wis.' series 2015, 2020, and 2022 bonds issued for Roseman University , which is located in Henderson, Nev., and South Jordan, Utah. The outlook is stable. The upgrade is driven by the preliminary accreditation of Roseman University's College of Medicine (COM), which will allow it to begin conferring Doctor of Medicine (MD) degrees, and which we believe will improve the school's demand profile and brand. The upgrade is also supported by solid operating margins over the last few years and our expectation that they will continue. Total debt as of fiscal 2024 was approximately $204.7 million comprising the outstanding bonds and a small operating