Home Credit Ratings and Research S&P Global Ratings’ Credit Research University of Pittsburgh

Summary: University of Pittsburgh, PA; Higher Education, Private Coll/Univ - General Obligation

Published Mar 09, 2006

About This Report

Abstract:

The AA/A-1+ rating on University of Pittsburgh's adjustable-rate revenue bonds (capital project bonds) series 2005A-C is based on the substitution of the existing SBPA provided by National Australia Bank ('AA-/A-1+') with a SBPA provided by Depfa Bank PLC ('AA-/A-1+'). The SBPA that will be provided by Depfa Bank, with an effective date of March 1, 2006, shall provide for principal of and interest on the bonds bearing interest only in the daily, weekly, and CP modes. The Depfa Bank SBPA shall provide for a maximum of 35 days' interest at 12% annually. The proposed SBPA's expiration date is Feb. 27, 2009. The stable outlook reflects the outlook of the University of Pittsburgh.

Report Type:

Summary

Issuer

University of Pittsburgh

Sector

Global Issuers, Public Finance

Country

United States

Region

United States

Format:

HTML

Summary: University of Pittsburgh, PA – 2006/03/31 – US$ 225.00

Summary: University of Pittsburgh, PA; Public Finance Structured, Insured Liquidity – 2006/04/18 – US$ 225.00

Summary: University of Pittsburgh; Private Coll/Univ - General Obligation – 2006/05/31 – US$ 225.00

University of Pittsburgh, Pennsylvania; Note; Public Coll/Univ - Unlimited Student Fees – 2006/07/24 – US$ 500.00

Summary: University of Pittsburgh, Pennsylvania; Note; Public Coll/Univ - Unlimited Student Fees – 2006/07/25 – US$ 225.00

Summary: University of Pittsburgh, PA; Higher Education, Private Coll/Univ - General Obligation – 2006/02/22 – US$ 225.00

Summary: University of Pittsburgh, PA; Higher Education, Public Coll/Univ - Unlimited Student Fees – 2005/09/08 – US$ 225.00

Summary: University of Pittsburgh, PA; Higher Education, Public Coll/Univ - Unlimited Student Fees – 2005/08/29 – US$ 225.00

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 – 2005/07/14 – US$ 225.00

Summary: University of Pittsburgh, PA; Public Finance Structured, Insured Liquidity – 2005/06/07 – US$ 225.00

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author

Cite this Report


MLA:	S&P Global Ratings’ Credit Research. "Summary: University of Pittsburgh, PA; Higher Education, Private Coll/Univ - General Obligation" Mar 09, 2006. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-University-of-Pittsburgh-PA-Higher-Education-Private-Coll-Univ-General-Obligation-496896>

APA:	S&P Global Ratings’ Credit Research. (). Summary: University of Pittsburgh, PA; Higher Education, Private Coll/Univ - General Obligation Mar 09, 2006. 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-Private-Coll-Univ-General-Obligation-496896>

US$ 225.00

$ £ €

Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

Example Report

Click to View Sample Report

More Research

Search all our Credit Research from one place.