Search
 

U. of Alabama Huntsville Bonds Get S&P's 'A'

HUNTSVILLE, AL-The $9.37 million student housing revenue bonds series 2001 are scheduled to sell Dec. 12.

By Mark Clothier | Updated on November 29, 2001

HUNTSVILLE, AL-The University of Alabama Huntsville received Standard & Poor’s ‘A’ rating for its $9.37 million revenue bonds series 2001, which are being used to build student housing. The bonds are scheduled to sell Dec. 12.

Proceeds will be used to finance the construction of a four-story student housing facility on the north end of the campus. Operational revenues from all student-housing facilities at the university are used to secure bonds.

Standard & Poor also affirmed its ‘A’ underlying rating on the Board of Trustee’s series 1999A general fee revenue bonds, also issued for the University of Alabama at Huntsville. The outlook on those bonds is stable.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.