Higher education bonds

The University of Texas System will bring $386.8 million of refunding bonds to market this week.

Moody's Investors Service assigned a negative outlook to its Baa3 rating of Georgian Court University.

The fate of higher education was on the agenda at the Milken's Institute's Global Conference.

The University of Maine’s discounts on out-of-state tuition have changed its student population and officials foresee a post-graduation payoff for the state.

The biggest news in the world of public-private partnerships (P3s) last year had nothing to do with toll roads — the most visible way governments team up companies. Instead, the most expensive infrastructure deals were projects to build a car-rental facility and a small tram at Los Angeles International Airport.

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.

Moody's Investors Service lowered the Philadelphia-based university to Baa1.

The College of New Rochelle is on the brink of closure after staff cuts, asset sales and a refinancing failed to alleviate a debt crunch.

The University of Findlay will use long-term bonds to restructure its outstanding debt, which includes capital lease obligations and short-term notes.

Development was down 50.4%, healthcare was off by 42.7%, and electric power declined 40.1%. The slides compared with an overall decline of 23.5% in total issuance.

Moody's warned that universities with a similar profile to Wright’s could also be at risk of faculty strikes.