Higher education bonds

Illinois' public universities are burdened by the weight of state inaction on pension reform, declining aid and tight in-state tuition regulations, according to Moody's Investors Service.

Standard & Poor’s upgraded Syracuse University’s long-term debt to AA-minus from A-plus, citing growing enrollment.

Texas A&M University System is preparing to issue $353 million of taxable and tax-exempt revenue bonds for the most costly college stadium renovation in U.S. history.

The University of Florida's Shands Healthcare has agreed to pay $26.2 million to settle allegations due to overpayments by Medicare and Medicaid.

Austin Community College District in central Texas will delay until 2014 a proposed GO bond referendum of up to $500 million.

The Dormitory Authority of the State of New York board approved the sale of $1.4 billion in bonds on Wednesday.

Atlanta Mayor Kasim Reed said Morris Brown College rejected a plan to help the college exit bankruptcy and also help locate a new Atlanta Falcons stadium but the proposal is still in play.

The University of Washington is planning to sell $143 million of general revenue bonds next week to finance various capital improvements, including the renovation of the Husky Stadium.

Boston College has scheduled a $335 million bond sale in two tranches, with proceeds to benefit capital projects. Barclays is the lead manager.

Moody's Investors Service hit seven of eight Illinois public universities with a downgrade Friday including the flagship University of Illinois in action that cuts more than $2 billion of rated debt primarily over exposure to the state's fiscal woes.

Soon after a New Hampshire authority became the first issuer to withdraw from the Internal Revenue Service's voluntary closing agreement program for student loan bonds, the IRS initiated an audit of $135.4 million of adjustable rate education loan revenue bonds it issued in 2011.

The City Colleges of Chicago has picked a banking team led by Jefferies for its inaugural sale of $250 million of debt that's on track to sell in September or October.

Moody's Investors Service has downgraded the rating on Redwoods Community College District to A1 from Aa2 and assigned a negative outlook.

Illinois Gov. Pat Quinn announced $55 million in grant funding from the state's capital budget for 27 Chicago area colleges and universities.

The Regents of the University of California is planning to sell $665 million of fixed and variable rate medical center pooled revenue bonds.

Temple University is defending itself after Moody's Investors Service put its Aa3 rating on review for a downgrade last week.

Moody's Investors Service has raised Carroll University's rating one notch to BBB-plus in recognition of its positive operating performance.

Moody's Investors Service has downgraded San Francisco Community College on the possibility that it will lose its accreditation.

Moody's Investors Service said it has downgraded the rating on San Francisco Community College District's general obligation bonds to A2 from A1.

Gonzaga University postponed a $47.5 million taxable revenue bond deal saying it plans to wait for market conditions to firm.