Higher education bonds

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.

Hofstra University received a one notch upgrade to A2 by Moody’s Investors Service.

A proposal to raise the Oklahoma sales tax by one cent would give teachers a raise if voters approve. The Sooner State ranks 49th among states in teacher pay, according to recent studies.

Princeton University’s settlement to end litigation claiming it should pay property taxes on certain Princeton, N.J. properties is a credit positive for both the school and the local government, according to Moody’s Investors Service.

A master plan approved by Rutgers University last year to expand and upgrade the infrastructure of New Jersey’s flagship public higher education institution by 2030 is already taking shape.

Vanderbilt University received an upgrade to triple-A ahead of its first foray into the bond market since separating financially from its medical center.

Michigan’s Wayne State University has struck a $1.4 billion, 40-year public-private partnership that will allow it bypass the capital markets to upgrade its housing stock and retire debt.

A Kentucky Supreme Court ruling that Gov. Matt Bevin does not have authority to withhold university funds is a credit negative, Moody's Investors Service said, because it will be harder to manage difficult budgets without help from lawmakers.

The University of Arkansas will join the college football stadium arms race with a $115 million bond issue for the Razorbacks’ home field.

Sweet Briar College saw its revenue bonds upgraded four notches, although still within junk territory, because of efforts to keep the 114-year-old Virginia women's institution open.

The Nebraska Farm Bureau says a community college’s $369 million bond question on the November ballot would lead to a massive property tax increase on farmers, business, and homeowners in southeast Nebraska.