Summary: New Jersey Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation; Revenue - Higher Education, Public Coll/Univ - Unlimited Student Fees - S&P Global Ratings’ Credit Research

Summary: New Jersey Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation; Revenue - Higher Education, Public Coll/Univ - Unlimited Student Fees

Summary: New Jersey Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation; Revenue - Higher Education, Public Coll/Univ - Unlimited Student Fees - S&P Global Ratings’ Credit Research
Summary: New Jersey Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation; Revenue - Higher Education, Public Coll/Univ - Unlimited Student Fees
Published Jun 11, 1999
Published Jun 11, 1999
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The Standard&Poor's Underlying Rating (SPUR) on New Jersey Educational Facilities Authority's revenue bonds, issued for the University of Medicine&Dentistry of New Jersey, reflects: * Strong state support and the university's role as sole provider of medical and dental education in New Jersey; * Positive admissions statistics, with an aggregate 18% acceptance rate (across all programs), a strong 64% matriculation rate, and stable enrollment levels; * Historically stable financial operations at University Hospital in Newark, and historically good financial performance for the university as a whole; and * A reasonable debt burden, with only $220 million of pro forma debt. The bonds are secured by the university's general obligation pledge and are being issued to finance a

  
Report Type:

Summary

Issuer
New Jersey Educl Facs Auth
Sector
Public Finance
Country
United States
Region
United States
Format:
HTML HTML
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: New Jersey Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation; Revenue - Higher Education, Public Coll/Univ - Unlimited Student Fees" Jun 11, 1999. Alacra Store. May 14, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-Jersey-Ed-Fac-Auth-Revenue-Higher-Education-Private-Coll-Univ-General-Obligation-Revenue-Higher-Education-Public-Coll-Univ-Unlimited-Student-Fees-107531>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: New Jersey Ed Fac Auth; Revenue - Higher Education, Private Coll/Univ - General Obligation; Revenue - Higher Education, Public Coll/Univ - Unlimited Student Fees Jun 11, 1999. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-New-Jersey-Ed-Fac-Auth-Revenue-Higher-Education-Private-Coll-Univ-General-Obligation-Revenue-Higher-Education-Public-Coll-Univ-Unlimited-Student-Fees-107531>
  
US$ 225.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.