Higher education bonds

Pennsylvania's chief financial officer launched an audit of the Philadelphia-based public university.

The Midwest's public and private universities are straining to deal with enrollment losses.

DASNY finished the first half of 2018 as the nation’s second largest issuer with $3.2 billion in bonds sold.

The bonds will pay for renovations and the addition of a new building.

Moody's Investors Service dropped Beloit College's rating two notches to Ba1 from Baa2.

Improving public school facilities will be a priority of the Rhode Island Health and Educational Building Corp. under new executive director Kimberly Mooers.

Gov. Phil Murphy signed a bill authorizing greater use of public-private partnerships.

Moody's Investors Service cut its rating to A2 from A1.

The University of Texas is launching a $175 million project to remodel its famed football stadium as the university embarks on the 2019 fiscal year with a record budget.

As the University of Colorado prepares for the start of fall classes later this month, construction work continues across campus.

ArtCenter College of Design plans to price $100 million in combined refunding-new money sale.

MSU plans to issue roughly $784 million of bonds, $450 million of which will be used to cover settlement costs from the sexual abuse scandal involving Larry Nassar.

Roosevelt University said its goal is to balance the budget by fiscal 2020.

S&P downgraded the outlook on the AA rated school and said further weakening in the school's finances could pressure the rating on $200 million of debt.

Michigan State University's credit fundamentals will be the deciding factor when it sells bonds to fund the settlement, say market observers.

The $500 million settlement with 330 sex-abuse victims must still be approved by a judge.

Wake County has taken the first step toward putting three bonds on the November ballot that will cost, in total, $1.1 billion.

Cash flow pressures drove a downgrade of Stockton University as the New Jersey public college prepares to open an Atlantic City campus.

Municipal bonds were stronger in late trading as West Virginia and the Regents of the University of California came to market.

Municipal bonds were stronger at mid-session as several big deals hit the market.