Standard&Poor's Ratings Services has revised its outlook to stable from negative on debt issued by Southern Illinois University Board of Trustees for Southern Illinois University (SIU). At the same time, Standard&Poor's has assigned its 'A+' long-term rating to the board of trustees' series 2012A housing and auxiliary facilities system (HAFS) revenue bonds. Standard&Poor's has also affirmed its 'A+' long-term and underlying ratings (SPURs) on the board of trustees' previously issued HAFS revenue bonds, certificates of participation (COPs), and medical facilities system (MFS) bonds, issued on behalf of SIU. The return to a stable outlook reflects our view that although the state continues to delay disbursements, the university has demonstrated the ability to successfully manage
