Uplift Education, TX's Series 2025 Revenue And Refunding Bonds Assigned 'BBB-' Rating - S&P Global Ratings’ Credit Research

Uplift Education, TX's Series 2025 Revenue And Refunding Bonds Assigned 'BBB-' Rating

Uplift Education, TX's Series 2025 Revenue And Refunding Bonds Assigned 'BBB-' Rating - S&P Global Ratings’ Credit Research
Uplift Education, TX's Series 2025 Revenue And Refunding Bonds Assigned 'BBB-' Rating
Published Apr 04, 2025
3 pages (1258 words) — Published Apr 04, 2025
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Abstract:

S&P Global Ratings assigned its 'AAA' long-term enhanced program rating and 'BBB-' underlying rating to Arlington Higher Education Finance Corp. , Texas' $56.3 million series 2025 education revenue and refunding bonds, issued to benefit Uplift Education . At the same time, S&P Global Ratings affirmed its 'BBB-' long-term rating and underlying rating on the school's previously issued debt. The outlook is stable. DALLAS (S&P Global Ratings) April 3, 2025--S&P Global Ratings today took the rating actions listed above. We view environmental, social, and governance factors as neutral in our analysis. The stable outlook reflects our expectation that Uplift will maintain its financial profile, posting full-accrual operating surpluses, acceptable lease-adjusted MADS coverage, and at least stable unrestricted days' cash on hand.

  
Brief Excerpt:

...S&P Global Ratings assigned its '###' long-term enhanced program rating and '###-' underlying rating to Arlington Higher Education Finance Corp., Texas' $56.3 million series 2025 education revenue and refunding bonds, issued to benefit Uplift Education....

  
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MLA:
S&P Global Ratings’ Credit Research. "Uplift Education, TX's Series 2025 Revenue And Refunding Bonds Assigned 'BBB-' Rating" Apr 04, 2025. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Uplift-Education-TX-s-Series-2025-Revenue-And-Refunding-Bonds-Assigned-BBB-Rating-3348644>
  
APA:
S&P Global Ratings’ Credit Research. (). Uplift Education, TX's Series 2025 Revenue And Refunding Bonds Assigned 'BBB-' Rating Apr 04, 2025. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Uplift-Education-TX-s-Series-2025-Revenue-And-Refunding-Bonds-Assigned-BBB-Rating-3348644>
  
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