Summary: Southern Illinois Univ; Higher Education, Appropriations; Higher Education, Public Coll/Univ - Unlimited Student Fees - S&P Global Ratings’ Credit Research

Summary: Southern Illinois Univ; Higher Education, Appropriations; Higher Education, Public Coll/Univ - Unlimited Student Fees

Summary: Southern Illinois Univ; Higher Education, Appropriations; Higher Education, Public Coll/Univ - Unlimited Student Fees - S&P Global Ratings’ Credit Research
Summary: Southern Illinois Univ; Higher Education, Appropriations; Higher Education, Public Coll/Univ - Unlimited Student Fees
Published Apr 20, 2006
Published Apr 20, 2006
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Standard&Poor's Ratings Services assigned its 'A+' rating to the Board of Trustees of Southern Illinois University's $69.1 million housing and auxiliary facilities system (HAFS) revenue bonds, series 2006A, issued for Southern Illinois University (SIU). Additionally, Standard&Poor's affirmed its 'A+' underlying rating (SPUR) on the board's outstanding debt, also issued for SIU. The rating reflects the university's: Funding position within the state of Illinois' ('AA/Stable') system of higher education; Comprehensive course offerings, including medicine, law, engineering, and dental programs; Stable demand and enrollment; Adequate liquidity relative to pro forma debt, with 2005 adjusted unrestricted net assets equal to 35% of pro forma debt; and Low overall debt burden of 3% of expenses and the self-supporting nature of

  
Report Type:

Summary

Issuer
Southern Illinois Univ
Sector
Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Southern Illinois Univ; Higher Education, Appropriations; Higher Education, Public Coll/Univ - Unlimited Student Fees" Apr 20, 2006. Alacra Store. May 11, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Southern-Illinois-Univ-Higher-Education-Appropriations-Higher-Education-Public-Coll-Univ-Unlimited-Student-Fees-504564>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Southern Illinois Univ; Higher Education, Appropriations; Higher Education, Public Coll/Univ - Unlimited Student Fees Apr 20, 2006. New York, NY: Alacra Store. Retrieved May 11, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Southern-Illinois-Univ-Higher-Education-Appropriations-Higher-Education-Public-Coll-Univ-Unlimited-Student-Fees-504564>
  
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