Seattle University, WA Bond Rating Outlook Revised To Negative On Operating Deficits And Possible COVID-19 Pressures - S&P Global Ratings’ Credit Research

Seattle University, WA Bond Rating Outlook Revised To Negative On Operating Deficits And Possible COVID-19 Pressures

Seattle University, WA Bond Rating Outlook Revised To Negative On Operating Deficits And Possible COVID-19 Pressures - S&P Global Ratings’ Credit Research
Seattle University, WA Bond Rating Outlook Revised To Negative On Operating Deficits And Possible COVID-19 Pressures
Published May 06, 2020
3 pages (1504 words) — Published May 06, 2020
Price US$ 150.00  |  Buy this Report Now

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Abstract:

SAN FRANCISCO (S&P Global Ratings) May 6, 2020--S&P Global Ratings revised its outlook to negative from stable and affirmed its 'A' long-term rating on the outstanding bonds of Seattle University (SU), Wash. At the same time, S&P Global Rating assigned its 'A' long-term rating to Washington Higher Education Facilities Authority's approximately $57.1 million series 2020 tax-exempt revenue bonds issued for SU. "The negative outlook revision reflects our view of the operating deficits posted in fiscals 2018 and 2019, which are expected to continue in fiscal 2020, and the weaker selectivity and matriculation rates seen in fall 2019," said S&P Global Ratings credit analyst Ying Huang. "It also reflects our view that during outlook period, the COVID-19 pandemic and the associated

  
Report Type:

Ratings Action

Issuer
Seattle Univ
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Seattle University, WA Bond Rating Outlook Revised To Negative On Operating Deficits And Possible COVID-19 Pressures" May 06, 2020. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Seattle-University-WA-Bond-Rating-Outlook-Revised-To-Negative-On-Operating-Deficits-And-Possible-COVID-19-Pressures-2425879>
  
APA:
S&P Global Ratings’ Credit Research. (). Seattle University, WA Bond Rating Outlook Revised To Negative On Operating Deficits And Possible COVID-19 Pressures May 06, 2020. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Seattle-University-WA-Bond-Rating-Outlook-Revised-To-Negative-On-Operating-Deficits-And-Possible-COVID-19-Pressures-2425879>
  
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