Standard & Poor's Rating Services said it revised its outlook to positive from stable on Michigan State University (MSU)'s existing general revenue debt, issued by the Michigan State University Board of Trustees.

Standard & Poor's also affirmed its AA long-term rating and underlying rating (SPUR), as well as various AA/A-1-plus ratings on MSU's general revenue debt outstanding. The A-1-plus short-term ratings on variable-rate demand bonds (VRDBs) outstanding are based on various bank liquidity facilities.

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