Standard&Poor's Ratings Services revised its outlook to positive from stable and affirmed its 'BBB+' long-term rating on the Oregon Facilities Authority's revenue bonds, issued for the University of Portland. At the same time, Standard&Poor's assigned its 'BBB+' long-term rating to the series 2015A tax-exempt and 2015B taxable revenue bonds. The outlook is positive. The outlook revision reflects our view of the university's consistent improvement in financial resources, continued growth in full-time equivalent (FTE) student enrollment, and projected positive operations after a long history of posting operating surpluses on a full-accrual basis. The outlook revision also reflects our view of the university's successful June 2014 completion of its comprehensive campaign, which raised $182.7 million, exceeding its $175.0
