Higher education bonds

S&P Global Ratings downgraded the University of Connecticut to A-plus from AA-minus.

Iona College may receive an upgrade from Moody's after boosting financial reserves through aggressive fundraising.

Weakening support for Oklahoma State University led Fitch Ratings to lower its rating one notch to AA-minus as OSU prepares to issue $77 million of revenue bonds.

RBC Capital Markets hired Carlos Pineiro from Goldman Sachs, as a Managing Director in Chicago.

The Illinois Finance Authority takes retail orders Tuesday on the $450 million SRF deal before pricing Wednesday.

Former college official Keith Borge was charged Thursday with defrauding municipal securities investors and concealing the school’s crumbling finances.

Jason Dudich will join the University of Indianapolis at the end of May as vice president, chief financial officer and treasurer.

The pinch comes from shrinking enrollment, rising tuition, falling state support and new barriers to international students.

The upstate New York college has combined two undergraduate institutions and boosted enrollment a year after sinking to deep junk territory.

A heavy debt burden driven largely by a decade-old bond issuance led the small liberal arts school to announce that it will close.