Higher education bonds

Allegheny College wants Crawford County approval to have up to $41 million in tax-exempt bonds issued through the county Industrial Development Authority.

Deals from Connecticut and Ohio issuers arrived as some buyside participants complained of low volume and inactivity in the muni market.

The university plans to price $118 million of new money and refunding bonds this week, and to close the refunding deal in September.

The bonds will finance projects in the UConn 2000 Infrastructure Improvement Program, a $4.6 billion, 32-year initiative.

Voters in Moore County are being asked to approve $123 million in bonds that would pay for building three elementary schools and a nursing building at Sandhills Community College.

Michigan State University is seeing the first credit fallout from the sexual abuse scandal involving former university and Olympic gymnastics doctor Larry Nassar.

Moody's took action on four Ohio colleges, which still benefit from a state enhancement program that Moody’s affirmed at Aa2.

Moody's boosted the university to A1, an event that may have been overshadowed by the men's basketball team's Final Four run.

The flagship University of Illinois saw A1 and A-minus ratings affirmed ahead of a $145 million deal.

With its accreditation no longer at risk, College of DuPage got an upgrade from S&P Global Ratings.