Southern Illinois University Rev Bonds Rated 'A+' - S&P Global Ratings’ Credit Research

Southern Illinois University Rev Bonds Rated 'A+'

Southern Illinois University Rev Bonds Rated 'A+' - S&P Global Ratings’ Credit Research
Southern Illinois University Rev Bonds Rated 'A+'
Published Jun 05, 2000
1014 words — Published Jun 05, 2000
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Abstract:

CHICAGO (Standard&Poor's CreditWire) June 5, 2000--Standard&Poor's today assigned its single-'A'-plus rating to Southern Illinois University Board of Trustees' $6.57 million housing and auxiliary facilities system revenue bonds, series 2000A, issued for Southern Illinois University (SIU). The bonds are scheduled to sell June 6, 2000. The rating reflects SIU's: ý-- Strong position within Illinois' higher education system and class II research status; ý-- Diverse program offerings, including medical and law schools; ý-- Stable demand and enrollment; and ý-- A low debt burden. Offsetting factors include modest state appropriation growth and limited financial liquidity relative to operations. The bonds are on parity with $107 million outstanding debt and are secured by net auxiliary system revenues and fees. Because

  
Brief Excerpt:

RESEARCH Southern Illinois University Rev Bonds Rated 'A+' Publication date: 05-Jun-2000 CHICAGO (Standard & Poor's CreditWire) June 5, 2000--Standard & Poor's today assigned its single-'A'-plus rating to Southern Illinois University...

  
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MLA:
S&P Global Ratings’ Credit Research. "Southern Illinois University Rev Bonds Rated 'A+'" Jun 05, 2000. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Southern-Illinois-University-Rev-Bonds-Rated-A-153624>
  
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S&P Global Ratings’ Credit Research. (). Southern Illinois University Rev Bonds Rated 'A+' Jun 05, 2000. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Southern-Illinois-University-Rev-Bonds-Rated-A-153624>
  
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