Higher education bonds

Tuesday opened with a positive tone in the municipal bond market with a forecast of heavy demand and strong technicals going into the reinvestment season.

Munis were stronger Monday as bond buyers kept an eye on the Federal Reserve policy makers' meeting.

Municipal bond buyers are awaiting this week’s new issue supply as they keep both eyes firmly on the Federal Open Market Committee’s monetary policy meeting.

The municipal bond market will see a light new issue calendar next week as the Federal Reserve meeting on monetary policy puts a damper on new debt issuance.

Ohio Higher Educational Facility Commission will issue $105 million of tax-exempt revenue bonds on behalf of Case Western Reserve University.

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.

College of DuPage's accreditation is no longer on probation.

Steep enrollment declines sunk Sage College in Albany, N.Y. to Moody's Caa1 rating.

The transaction will mark the university’s first new-money series for this credit in 16 years.

Lawmakers voted Saturday to chip in more state cash for two of Oregon's signature higher education projects.

The West Kern, Calif., Community College District is going to seek voter approval for a bond on the June 5 ballot, but it has scaled back the amount it will ask for.