Standard&Poor's Ratings Services assigned its 'AA-' long-term rating to the Board of Governors of the University of North Carolina's series 2010A general revenue bonds, and series 2010B taxable general revenue bonds, issued for East Carolina University (ECU). The rating outlook is stable. Standard&Poor's also affirmed its rating on ECU's series 2010A pooled revenue bonds, issued in March 2010. The 'AA-' rating reflects our view of ECU's: History of strong state support from North Carolina (AAA/Stable) for both operations and capital; Comprehensive nature of the university and its health care education niche, as well as its role within the University of North Carolina system; Solid 19% enrollment growth to about 28,000 students in fall 2009 since fall
