...Standard & Poor's Ratings Services assigned its 'A+' long-term rating to the Missouri Health and Educational Facilities Authority's series 2015 educational facilities revenue bonds issued on behalf of Missouri State University. At the same time, Standard & Poor's affirmed its 'A+' long-term rating on the university's series 2005A, 2010A, 2010B, 2010C, 2014A and 2015A auxiliary enterprise revenue bonds. Finally, Standard & Poor's affirmed its 'A+' long-term rating on the series 2014, 2010A, and 2010B educational facilities revenue bonds, also issued by the Health and Educational Facilities Authority of the State of Missouri on behalf of the university. The outlook on all ratings is stable. The rating reflects our opinion of the uuniversity's strong financial resources, solid operating trends with healthy surpluses for the past several fiscal years, moderate enrollment growth, and stable demand profile despite decreasing state appropriations. The rating further reflects our view of the university's...
