Higher education bonds

The University of Missouri’s AA-plus rating carries a stable S&P Global Ratings outlook, up from negative.

Resignations by nearly all of the leadership at the University of Puerto Rico in protest to budget cuts have heightened S&P Global Ratings’ concerns over the school’s debt challenges.

Howard University and Rhode Island-based vendor Corvias say their 40-year deal to renovate school halls will change the face of public-private partnerships.

Chicago-based Roosevelt University’s rating was dropped further into junk territory over its ongoing enrollment struggles that haven’t been helped by the state budget impasse.

Puerto Rico Gov. Ricardo Rosselló’s office blasted the president of the University of Puerto Rico for failing to provide information expected to be used to slash the university’s subsidy.

Loma Linda University was downgraded to Baa1 by Moody’s Investors Service ahead of plans to price $179 million in revenues bonds next week.

The Trustees of California State University will price $1.2 billion in revenue bonds next week for projects as it the system grapples with 23% enrollment growth over the past four years.

Rhode Island’s government has developed programs to revive its manufacturing industries with an eye toward improving the state’s economy.

Rhode Island Gov. Gina Raimondo proposed a $9.3 billion budget that calls for two years of free tuition at public colleges for in-state students.

Citing improving market conditions, the University of Houston plans to increase its offering in a competitive sale by $40 million to more than $400 million.

The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus.

The University of Michigan heads into the New Year with a triple-A rated $450 million general revenue bond deal.

The Illinois Institute of Technology is at risk of losing its investment grade rating after a negative outlook revision.

The University of Pittsburgh intends to sell roughly $525 million of Series 2017A taxable university refunding bonds.

State-supported universities in Texas will start the New Year with more than $1.5 billion of bonds expected to price in January.

Hamline University in Minnesota is at risk of losing of its investment grade credit due to balance sheet strains after a downgrade to Baa3.

Debt-ridden Dowling College has filed for Chapter 11 bankruptcy with two of its Long Island properties now on the market in an effort to aide bondholders.

The College of New Rochelle in New York's Westchester County is raising funds to keep its doors open in the face of mounting debt.

The University of Chicago Harris School of Public Policy named former Chicago chief financial officer Lois Scott as the inaugural chair of the advisory board that oversees its expanding Center for Municipal Finance.

A second rating agency has dropped Chicago-based Roosevelt University into junk territory over as enrollment struggles and a heavy debt load strain its balance sheet.