Summary: University Of Kentucky; Appropriations; Public Coll/Univ - Unlimited Student Fees - S&P Global Ratings’ Credit Research

Summary: University Of Kentucky; Appropriations; Public Coll/Univ - Unlimited Student Fees

Summary: University Of Kentucky; Appropriations; Public Coll/Univ - Unlimited Student Fees - S&P Global Ratings’ Credit Research
Summary: University Of Kentucky; Appropriations; Public Coll/Univ - Unlimited Student Fees
Published Aug 19, 2024
7 pages (2875 words) — Published Aug 19, 2024
Price US$ 225.00  |  Buy this Report Now

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Abstract:

S&P Global Ratings assigned its 'AA' long-term rating to the University of Kentucky?s (UK) estimated $101.26 million series 2024 lease purchase obligations (UK HealthCare Cancer Center Parking Project). At the same time, S&P Global Ratings affirmed its 'AA+' long-term rating, and underlying rating (SPUR) where applicable, on various outstanding series of general receipts bonds issued for UK. S&P Global Ratings also affirmed its 'AA' long-term rating on UK's outstanding series 2019A certificates of participation (COP) and series 2019B COP. The COPs are secured by their subordinated general receipts pledge and utilize a capitalized lease structure and are currently outstanding in the amount of $25.00 million and $4.74 million, respectively. The outlook is stable. A subordinate pledge of the university's general

  
Brief Excerpt:

...+ S&P Global Ratings assigned its '##' long-term rating to the University of Kentucky's (UK) estimated $101.26 million series 2024 lease purchase obligations (UK HealthCare Cancer Center Parking Project). + At the same time, S&P Global Ratings affirmed its '##+' long-term rating, and underlying rating (SPUR) where applicable, on various outstanding series of general receipts bonds issued for UK. + S&P Global Ratings also affirmed its '##' long-term rating on UK's outstanding series 2019A certificates of participation (COP) and series 2019B COP. The COPs are secured by their subordinated general receipts pledge and utilize a capitalized lease structure and are currently outstanding in the amount of $25.00 million and $4.74 million, respectively. + The outlook is stable....

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: University Of Kentucky; Appropriations; Public Coll/Univ - Unlimited Student Fees" Aug 19, 2024. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-University-Of-Kentucky-Appropriations-Public-Coll-Univ-Unlimited-Student-Fees-3232853>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: University Of Kentucky; Appropriations; Public Coll/Univ - Unlimited Student Fees Aug 19, 2024. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-University-Of-Kentucky-Appropriations-Public-Coll-Univ-Unlimited-Student-Fees-3232853>
  
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