Summary: University of Pittsburgh, PA; Higher Education, Note; Higher Education, Private Coll/Univ - General Obligation; Higher Education, Public Coll/Univ - Unlimited Student Fees; Public Finance Structured, Insured Liquidity - S&P Global Ratings’ Credit Research

Summary: University of Pittsburgh, PA; Higher Education, Note; Higher Education, Private Coll/Univ - General Obligation; Higher Education, Public Coll/Univ - Unlimited Student Fees; Public Finance Structured, Insured Liquidity

Summary: University of Pittsburgh, PA; Higher Education, Note; Higher Education, Private Coll/Univ - General Obligation; Higher Education, Public Coll/Univ - Unlimited Student Fees; Public Finance Structured, Insured Liquidity - S&P Global Ratings’ Credit Research
Summary: University of Pittsburgh, PA; Higher Education, Note; Higher Education, Private Coll/Univ - General Obligation; Higher Education, Public Coll/Univ - Unlimited Student Fees; Public Finance Structured, Insured Liquidity
Published Sep 10, 2004
Published Sep 10, 2004
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About This Report

  
Abstract:

University of Pittsburgh, Pa.'s $60 million asset notes (PANTHERS) series 2004 have been rated 'SP-1+'. The notes are expected to price on Sept. 14, 2004, and mature Oct. 14, 2005. The 'SP-1+' rating on the university's outstanding asset notes (PANTHERS) series 2003 has been affirmed. The 'AA' standard long-term rating and Standard&Poor's underlying rating (SPUR) on the university's outstanding long-term debt has also been affirmed. In addition, the 'A-1+' rating on the university's outstanding variable-rate debt has also been affirmed, reflecting the presence of liquidity support provided by external SBPAs with a stated commitment of $285 million. The outlook on the long-term debt is stable. The short-term rating is based on the university's history of strong market access

  
Report Type:

Summary

Issuer
University of Pittsburgh
Sector
Global Issuers, Public Finance
Country
United States
Region
United States
Format:
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MLA:
S&P Global Ratings’ Credit Research. "Summary: University of Pittsburgh, PA; Higher Education, Note; Higher Education, Private Coll/Univ - General Obligation; Higher Education, Public Coll/Univ - Unlimited Student Fees; Public Finance Structured, Insured Liquidity" Sep 10, 2004. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-University-of-Pittsburgh-PA-Higher-Education-Note-Higher-Education-Private-Coll-Univ-General-Obligation-Higher-Education-Public-Coll-Univ-Unlimited-Student-Fees-Public-Finance-Structured-Insured-Liquidity-394844>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: University of Pittsburgh, PA; Higher Education, Note; Higher Education, Private Coll/Univ - General Obligation; Higher Education, Public Coll/Univ - Unlimited Student Fees; Public Finance Structured, Insured Liquidity Sep 10, 2004. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-University-of-Pittsburgh-PA-Higher-Education-Note-Higher-Education-Private-Coll-Univ-General-Obligation-Higher-Education-Public-Coll-Univ-Unlimited-Student-Fees-Public-Finance-Structured-Insured-Liquidity-394844>
  
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