Higher education bonds

Moody’s Investors Service upgraded the Waubonsee Community College District 516 one notch to Aa1 in recognition of its large and growing tax base and strong fiscal position.

LOS ANGELES - The University of California, Los Angeles, plans to build a $152 million on-campus hotel and conference center to be funded by a $40 million donation and $112 million of bonds.

DALLAS - Arizona State University will have a new way to issue debt with a stadium district authorized by the Maricopa County Board of Supervisors in Phoenix.

Moody’s Investors Service has assigned a Aa2 to the University of Massachusetts’ $28.1 million of tax-exempt, fixed-rate Series 2011 revenue refunding bonds.

DALLAS - The University of Colorado Board of Regents will have $1.4 billion of outstanding debt after this week's $203 million enterprise revenue bond issue, according to analysts.

Standard & Poor’s lowered its long-term rating on the Philadelphia Hospitals and Higher Education Facilities Authority’s revenue bonds, issued for Temple University Health System, to BBB-minus from BBB.

Standard & Poor’s assigned its A long-term rating to the Massachusetts Development Finance Agency’s Series 2011 bonds issued for Clark University and affirmed the underlying A on outstanding bonds issued for the university by the agency.

DALLAS - The University of Arkansas System will add and upgrade athletic facilities at its main campus in Fayetteville through a 30-year, $320 million master plan announced Tuesday by athletic director Jeff Long.

Georgia Gov. Nathan Deal last week announced the formation of a commission to study funding for higher education.

CHICAGO - Ohio State University is coming to market this week with at least $300 million of taxable general receipts bonds that feature 100-year maturities, marking the first time a public university has floated century bonds.

State aid to Indiana University could fall to below 10% over the next decade if current trends continue, president Michael McRobbie said at his annual state of the university address.

BRADENTON, Fla. - After 30 years at Bryant Miller Olive PA, Randy Hanna will step down Nov. 1 from the Florida-based law firm to become chancellor of the state college system.

An 18-story hotel in New Orleans that never reopened after Hurricane Katrina in 2005 will be imploded next month to make way for Louisiana State University’s new academic hospital.

CHICAGO - The Illinois Finance Authority board Tuesday advanced borrowing plans for several retirement communities and authorized up to $480 million in bonds for the University of Chicago to refund debt and fund projects, including a new research center for its molecular engineering program and astronomy and astrophysics work.

LOS ANGELES - Chapman University, a private university in Orange County, Calif., best known for its film, business, and law schools, wants to increase its health science offerings.

CHICAGO - The University of Minnesota Regents on Wednesday will sell about $82 million of debt, in a mix of taxable general obligation bonds and tax-exempt special purpose revenue bonds backed by a state appropriation, to provide financing for facilities in its Biomedical Discovery District.

CHICAGO - Ohio State University's plan to privatize its parking system advanced this week when the school posted a request for qualifications for firms interested in the asset.

CHICAGO — Michigan-based Trinity Health Corp. will bring the year's largest health care deal to market next week when it sells $648 million of debt, some of which will finance its recent acquisition of Loyola University Health System.

The Utah Board of Regents last week voted to construct the first building on Utah State University’s Brigham City campus in a $15 million deal to be shared with the city.

The Dormitory Authority of the State of New York has approved $1.5 billion in financing for education and health care.