Higher education bonds

Fitch Ratings upgraded San Francisco Community College District, Calif.’s general obligation bonds to A from BBB-plus.

The University of Connecticut plans to issue about $300 million of GO bonds under its UConn2000 infrastructure improvement program.

The chief financial officer of Ohio State University, who helped craft the university's first-of-its-kind lease of its parking system, is leaving the university to take a job at the Australian company that is leasing the parking system.

Colorado State University will raise $252 million to build a football stadium on its Fort Collins campus through a series of taxable and tax-exempt bonds.

Fitch Ratings knocked Chicago-based Roosevelt University's rating down to the lowest investment grade level due to ongoing negative operations.

A Texas legislative subcommittee chaired by Rep. Trent Ashby gets $2.8 billion of tuition revenue bonds for colleges and universities moving in the 2015 session. It has been nine years since the last TRBs were authorized.

Peter Taylor, former chief financial officer for the University of California, has been appointed to the California State University Board of Trustees.

Florida Gulf Coast University's credit outlook stabilized Monday when two rating agencies found that recent modifications to the terms of a direct bank loan lessened the institution's contingent risk.

University of Oregon's plans to price $50 million March 17 represents its first direct sale to the markets.

The state of Kentucky will provide half of the financing needed to build a state-of-the-art medical research facility that will target diseases that disproportionately affect residents of the Commonwealth.

Moody's Investors Service has raised its outlook to stable from negative on the University of Arizona as it prepares a $228 million debt issue at the end of the month.

Texas Tech University System earned an upgrade from Moody's Investors Service and prospects for another from Standard & Poor's based on its growing financial resources, strong brand recognition and enrollment increases across its four campuses.

Sweet Briar College in Virginia, which announced that it will close this year, said it will pay its bond and debt obligations after Standard & Poor's lowered its bond ratings to B-minus from BBB.

Standard & Poor's has revised its outlook to positive on University of Central Missouri's A rating.

Arizona Gov. Doug Ducey and Republican legislative leaders have reached agreement on a $9.1 billion budget that cuts higher education spending by 14% and delays plans to build a private prison.

Standard & Poor's lowered its ratings on Sweet Briar College's bonds to B-minus from BBB due to a recent decision to close the central Virginia woman's college.

The University of California Regents are pricing $2.8 billion of combined new money and refunding bonds where municipal bond market observers predict ready demand.

Standard & Poor's lowered its ratings on the general revenue bonds of the University of North Carolina at Charlotte to A-plus from AA-minus because of increased borrowing.

The Texas State University System combined new money and refunding in a $314.8 million issue that drew attractive yields for the issuer.

The House on Tuesday passed a bill that expands 529 college savings plans.