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Summary: Minneapolis University of Minnesota Foundation; Non-Profit Organizations; Private Coll/Univ - General Obligation

Published Oct 28, 2014

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Abstract:

Standard&Poor's Ratings Services confirmed its 'AA/A-1+' rating on Minneapolis' (University Gateway project) series 1997B, 2002, and 2009 variable-rate demand revenue bonds, issued for University of Minnesota Foundation, due to the bank facility being extended to Nov. 30, 2014. The long-term component of the rating is based on the rating on the obligor, University of Minnesota Foundation. The short-term component of the rating is based on the rating on the liquidity facility provider, Wells Fargo Bank N.A. The stable outlook is based on the outlook on the obligor. USPF Criteria: Bank Liquidity Facilities, June 22, 2007

Report Type:

Summary

Ticker

MINMED

Issuer

Minneapolis

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

PDF

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MLA:	S&P Global Ratings’ Credit Research. "Summary: Minneapolis University of Minnesota Foundation; Non-Profit Organizations; Private Coll/Univ - General Obligation" Oct 28, 2014. Alacra Store. May 19, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-University-of-Minnesota-Foundation-Non-Profit-Organizations-Private-Coll-Univ-General-Obligation-1366320>

APA:	S&P Global Ratings’ Credit Research. (). Summary: Minneapolis University of Minnesota Foundation; Non-Profit Organizations; Private Coll/Univ - General Obligation Oct 28, 2014. New York, NY: Alacra Store. Retrieved May 19, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Minneapolis-University-of-Minnesota-Foundation-Non-Profit-Organizations-Private-Coll-Univ-General-Obligation-1366320>

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