Higher education bonds

Improving public school facilities will be a priority of the Rhode Island Health and Educational Building Corp. under new executive director Kimberly Mooers.

Gov. Phil Murphy signed a bill authorizing greater use of public-private partnerships.

Moody's Investors Service cut its rating to A2 from A1.

The University of Texas is launching a $175 million project to remodel its famed football stadium as the university embarks on the 2019 fiscal year with a record budget.

As the University of Colorado prepares for the start of fall classes later this month, construction work continues across campus.

ArtCenter College of Design plans to price $100 million in combined refunding-new money sale.

MSU plans to issue roughly $784 million of bonds, $450 million of which will be used to cover settlement costs from the sexual abuse scandal involving Larry Nassar.

Roosevelt University said its goal is to balance the budget by fiscal 2020.

S&P downgraded the outlook on the AA rated school and said further weakening in the school's finances could pressure the rating on $200 million of debt.

Michigan State University's credit fundamentals will be the deciding factor when it sells bonds to fund the settlement, say market observers.