Standard & Poor’s has raised the outlook on the debt issued on behalf of two universities in New Orleans as their enrollment continues to improve following the hurricanes of 2005.

The outlook was revised to stable from negative for $56.2 million of A-plus rated debt issued by the Louisiana Public Facilities Authority for Loyola University. Standard & Poor’s also raised the outlook to stable from negative on LPFA debt issued on behalf of Tulane University, which also has an underlying rating of A-plus.

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