S&P Global Ratings assigned its 'AA-' long-term rating to the University of Connecticut 's $432.4 million general obligation (GO) bonds, series 2026A, and its 'SP-1+' short term rating to the University of Connecticut's $148.5 million taxable GO bond anticipation notes (BANs), series 2026. Connecticut 's debt service commitment secures both series. We also affirmed our 'AA-' rating on the university's parity debt outstanding, our 'AA-' rating on the state's GO debt outstanding, and our 'AA-' rating on state debt secured by a special capital reserve fund, which we view to be on par with the state GO rating as state-supported GO-equivalent securities, including various issues by the Connecticut Housing Finance Authority , Connecticut Health&Educational Facilities Authority , and
