Munis

Puerto Rico Gov. Ricardo Rosselló’s office blasted the president of the University of Puerto Rico for failing to provide information expected to be used to slash the university’s subsidy.

Loma Linda University was downgraded to Baa1 by Moody’s Investors Service ahead of plans to price $179 million in revenues bonds next week.

The Trustees of California State University will price $1.2 billion in revenue bonds next week for projects as it the system grapples with 23% enrollment growth over the past four years.

Rhode Island’s government has developed programs to revive its manufacturing industries with an eye toward improving the state’s economy.

Rhode Island Gov. Gina Raimondo proposed a $9.3 billion budget that calls for two years of free tuition at public colleges for in-state students.

Citing improving market conditions, the University of Houston plans to increase its offering in a competitive sale by $40 million to more than $400 million.

The University of Connecticut intends to sell $335 million in GO bonds to fund capital projects that include relocating its Greater Hartford campus.

The University of Michigan heads into the New Year with a triple-A rated $450 million general revenue bond deal.

The Illinois Institute of Technology is at risk of losing its investment grade rating after a negative outlook revision.

The University of Pittsburgh intends to sell roughly $525 million of Series 2017A taxable university refunding bonds.

State-supported universities in Texas will start the New Year with more than $1.5 billion of bonds expected to price in January.

Hamline University in Minnesota is at risk of losing of its investment grade credit due to balance sheet strains after a downgrade to Baa3.

Debt-ridden Dowling College has filed for Chapter 11 bankruptcy with two of its Long Island properties now on the market in an effort to aide bondholders.

The College of New Rochelle in New York's Westchester County is raising funds to keep its doors open in the face of mounting debt.

The University of Chicago Harris School of Public Policy named former Chicago chief financial officer Lois Scott as the inaugural chair of the advisory board that oversees its expanding Center for Municipal Finance.

The San Diego Unified School District won The Bond Buyer's 15th annual Deal of the Year award for its $471 million sale which smashed the template for local general obligation bonds in California.

A second rating agency has dropped Chicago-based Roosevelt University into junk territory over as enrollment struggles and a heavy debt load strain its balance sheet.

Hofstra University received a one notch upgrade to A2 by Moody’s Investors Service.

A proposal to raise the Oklahoma sales tax by one cent would give teachers a raise if voters approve. The Sooner State ranks 49th among states in teacher pay, according to recent studies.

Princeton University’s settlement to end litigation claiming it should pay property taxes on certain Princeton, N.J. properties is a credit positive for both the school and the local government, according to Moody’s Investors Service.