Higher education bonds

The University of Pennsylvania's chief investment officer Kristin Gilbertson is stepping down after heading the endowment office since 2004.

Potential liabilities from the Jerry Sandusky child molestations prompted Standard & Poor's to revise its outlook to negative on Penn State's long-term bond rating.

Indiana University expects to hire financial advisors to oversee the privatization of its parking system, a transaction modeled after Ohio State University's precedent-setting deal.

A database charting new college graduate salaries in Virginia could help the credit of public universities by underscoring the value of certain degrees and encouraging efficiency, Moody's Investors Service said Friday.

Long Beach, Calif. educators warned that K-12 schools and universities face steep budget cuts if voters reject Gov. Jerry Brown's Proposition 30 tax measure.

Recent declines in graduate school enrollment numbers are a credit negative for the higher education sector, Moody's Investors Service said in a recent report.

Fitch Ratings on Thursday downgraded Baylor University's fixed-rate revenue bonds as the private university prepares to issue $200 million for a new stadium on its Waco, Tex., campus.

Moody’s Investors Service Monday downgraded to A2 from A1 $79 million of debt issued by Northeast Ohio Medical University, and placed the rating under review for further possible downgrade.

Colorado State University will build a $250 million stadium on its Fort Collins, Colo., campus if promoters can raise half that amount through voluntary contributions, CSU President Tony Frank announced Monday.

A $129 million capital improvement effort to build a new law school campus in downtown Phoenix for Arizona State University has been approved.

The Dormitory Authority of the State of New York is expected to sell about $450 million of mostly refunding bonds this week, starting with $372 million of school district bonds on Tuesday.

Texas A&M University plans to spend up to $450 million renovating Kyle Field but has not announced a bond finance plan, according to reports.

The San Francisco Community College District is struggling to remain solvent and accredited, but holders of its $370 million of debt are well insulated.

Colorado State University is seeking to join the list of colleges and universities that have recently built or plan state-of-the-art football stadiums, despite studies showing the financial risks.

The Minnesota Office of Higher Education will price $375 million of new-money and refunding adjustable rate student loan program bonds Tuesday.

The Dormitory Authority of the State of New York board approved $181 million of bond sales for higher education institutions at a meeting on Wednesday.

Lawrence Nines, longtime leader of the Wisconsin Health and Educational Facilities Authority, is retiring after wrapping up several deals, including bonds for Marquette University and Froedtert Health.

New Ohio State University housing will be financed in part through bonds.

The University of Colorado Hospital Authority will issue $290 million of bonds this week to add Memorial Health System of Colorado Springs to its new statewide network in a deal nearly sidelined by a lawsuit over pension programs.

The University of Arkansas will use pledged athletic department revenue, largely from the football program, to support $18 million of bonds for a new academic building.