Summary: Arizona Board of Regents Arizona State University; Appropriations; Public Coll/Univ - Unlimited Student Fees

S&P Global Ratings assigned its 'AA' rating to the Arizona Board of Regents' (the regents) and Arizona State University's (ASU) $151.8 million series 2024A (green bond), $169.7 million series 2024B, and $60.3 million taxable series 2024C system revenue bonds (SRBs). Also, S&P Global Ratings assigned its 'AA-' rating to the regents' and ASU's $149.8 million series 2024 Stimulus Plan for Economic and Educational Development (SPEED) bonds. At the same time, S&P Global Ratings affirmed its 'AA' long-term rating and underlying rating (SPUR) on the Regents' and ASU's existing SRBs and its 'AA-' long-term rating and SPUR on the university's existing SPEED bonds, certificates of participation (COPs), and lease-backed debt. We also affirmed our 'AA/A-1+' rating on ASU's series 2008A and

...+ S&P Global Ratings assigned its '##' rating to the Arizona Board of Regents' (the regents) and Arizona State University's (ASU) $151.8 million series 2024A (green bond), $169.7 million series 2024B, and $60.3 million taxable series 2024C system revenue bonds (SRBs). + Also, S&P Global Ratings assigned its '##-' rating to the regents' and ASU's $149.8 million series 2024 Stimulus Plan for Economic and Educational Development (SPEED) bonds. + At the same time, S&P Global Ratings affirmed its '##' long-term rating and underlying rating (SPUR) on the Regents' and ASU's existing SRBs and its '##-' long-term rating and SPUR on the university's existing SPEED bonds, certificates of participation (COPs), and lease-backed debt. + We also affirmed our '##/A-1+' rating on ASU's series 2008A and 2008B variable-rate demand system revenue refunding bonds, based on our long-term rating on ASU and on the university's provided self-liquidity. + The outlook is stable....

Summary