{"id":111,"date":"2019-01-03T00:01:19","date_gmt":"2019-01-03T00:01:19","guid":{"rendered":"http:\/\/ofr.azregents.edu\/asu2019\/?page_id=111"},"modified":"2019-01-17T17:04:47","modified_gmt":"2019-01-17T17:04:47","slug":"debt-bonding","status":"publish","type":"page","link":"https:\/\/ofr.azregents.edu\/asu2019\/capital\/debt-bonding\/","title":{"rendered":"Debt &#038; Bonding"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.0.47&#8243;][et_pb_row _builder_version=&#8221;3.0.48&#8243; background_size=&#8221;initial&#8221; background_position=&#8221;top_left&#8221; background_repeat=&#8221;repeat&#8221;][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;3.0.47&#8243; parallax=&#8221;off&#8221; parallax_method=&#8221;on&#8221;][et_pb_sidebar module_id=&#8221;sticky&#8221; _builder_version=&#8221;3.19.3&#8243;][\/et_pb_sidebar][\/et_pb_column][et_pb_column type=&#8221;3_4&#8243; _builder_version=&#8221;3.0.47&#8243; parallax=&#8221;off&#8221; parallax_method=&#8221;on&#8221;][et_pb_text admin_label=&#8221;Debt &#038; Bonding&#8221; _builder_version=&#8221;3.19.3&#8243;]<\/p>\n<h1>Debt &#038; Bonding<\/h1>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Bond Ratings Title&#8221; _builder_version=&#8221;3.19.3&#8243;]<\/p>\n<h2>Bond Ratings<\/h2>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Bonding Rates&#8221; _builder_version=&#8221;3.19.3&#8243;]<\/p>\n<div style=\"display: flex; flex-direction: row; align-items: flex-start;\">\n<div>\n<h3>Peer Bonding Ratings<\/h3>\n<table style=\"width: 100%;\" border=\"0\">\n<thead>\n<tr>\n<th class=\"debtRow\" style=\"text-align: left;\">\n<h4>School<\/h4>\n<\/th>\n<th>\n<h4>FY 2018<\/h4>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody style=\"border-top: 2px solid gray;\">\n<tr>\n<td style=\"width: 70%;\">Arizona State University<\/td>\n<td style=\"width: 30%;\">Aa2\/AA<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">University of California-Los Angeles*<\/td>\n<td style=\"width: 30%;\">Aa2\/AA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">University of Connecticut<\/td>\n<td style=\"width: 30%;\">Aa3\/AA-<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">Florida State University<\/td>\n<td style=\"width: 30%;\">Aa2\/AA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">University of Illinois at Urbana-Champaign<\/td>\n<td style=\"width: 30%;\">Baa1\/A-<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">Indiana University-Bloomington<\/td>\n<td style=\"width: 30%;\">Aaa\/AAA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">University of Iowa<\/td>\n<td style=\"width: 30%;\">Aa1\/AA-<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">University of Maryland-College Park*<\/td>\n<td style=\"width: 30%;\">Aa1\/AA+<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">Michigan State University<\/td>\n<td style=\"width: 30%;\">Aa2\/AA<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">University of Minnesota-Twin Cities<\/td>\n<td style=\"width: 30%;\">Aa1\/AA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">Ohio State University-Main Campus<\/td>\n<td style=\"width: 30%;\">Aa1\/AA<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">Pennsylvania State University &#8211; Main Campus<\/td>\n<td style=\"width: 30%;\">Aa1\/AA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">Rutgers University-New Brunswick<\/td>\n<td style=\"width: 30%;\">Aa3\/A+<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">The University of Texas at Austin<\/td>\n<td style=\"width: 30%;\">Aaa\/AAA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 70%;\">University of Washington-Seattle Campus<\/td>\n<td style=\"width: 30%;\">Aaa\/AA+<\/td>\n<\/tr>\n<tr class=\"stripe\">\n<td style=\"width: 70%;\">University of Wisconsin, Madison**<\/td>\n<td style=\"width: 30%;\">Aa1\/AA<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div>\n<h3>Ratings<\/h3>\n<table style=\"width: 100%;\" border=\"0\">\n<thead>\n<tr>\n<th style=\"text-align: left;\">\n<h4>Description<\/h4>\n<\/th>\n<th>\n<h4>Moody&#8217;s<\/h4>\n<\/th>\n<th>\n<h4>S&amp;P<\/h4>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody style=\"border-top: 2px solid gray;\">\n<tr>\n<td style=\"width: 50%;\">Highest Quality<\/td>\n<td class=\"stripe\" style=\"width: 25%;\">Aaa<\/td>\n<td class=\"stripe\" style=\"width: 25%;\">AAA<\/td>\n<\/tr>\n<tr style=\"border-top: solid 2px gray;\">\n<td style=\"width: 50%;\">High Quality<\/td>\n<td style=\"width: 25%;\">Aa1<\/td>\n<td style=\"width: 25%;\">AA+<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><\/td>\n<td class=\"stripe\" style=\"width: 25%;\">A1\/A+<\/td>\n<td class=\"stripe\" style=\"width: 25%;\">AA<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><\/td>\n<td style=\"width: 25%;\">Aa3<\/td>\n<td style=\"width: 25%;\">AA-<\/td>\n<\/tr>\n<tr style=\"border-top: solid 2px gray;\">\n<td style=\"width: 50%;\">Upper Medium Grade<\/td>\n<td style=\"width: 25%;\">A1<\/td>\n<td style=\"width: 25%;\">A+<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><\/td>\n<td class=\"stripe\" style=\"width: 25%;\">A2<\/td>\n<td class=\"stripe\" style=\"width: 25%;\">A<\/td>\n<\/tr>\n<tr>\n<td style=\"width: 50%;\"><\/td>\n<td style=\"width: 25%;\">A3<\/td>\n<td style=\"width: 25%;\">A-<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Bond Rating notes&#8221; _builder_version=&#8221;3.19.3&#8243;]* Debt is issued at the System level and rating is for the System.<\/p>\n<p>** Debt is issued by the State of Wisconsin and the rating is for the State.<\/p>\n<p style=\"text-align: center;\"><strong>ASU is currently rated Aa2 by Moody&#8217;s and AA by S&amp;P, the third highest rating for both rating agency services.<\/strong><\/p>\n<hr\/>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Debt Overview Title&#8221; _builder_version=&#8221;3.19.3&#8243;]<\/p>\n<h2>Debt Overview<\/h2>\n<p>[\/et_pb_text][et_pb_code admin_label=&#8221;Code Table 28 &#8211; Cost of Attendance&#8221; _builder_version=&#8221;3.19.5&#8243;]<!-- [et_pb_line_break_holder] --><pee class=\"sourceText\">Source: ASU<\/pee><!-- [et_pb_line_break_holder] -->[\/et_pb_code][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt &#038; BondingBond Ratings Peer Bonding Ratings School FY 2018 Arizona State University Aa2\/AA University of California-Los Angeles* Aa2\/AA University of Connecticut Aa3\/AA- Florida State University Aa2\/AA University of Illinois at Urbana-Champaign Baa1\/A- Indiana University-Bloomington Aaa\/AAA University of Iowa Aa1\/AA- University of Maryland-College Park* Aa1\/AA+ Michigan State University Aa2\/AA University of Minnesota-Twin Cities Aa1\/AA Ohio [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":13,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"class_list":["post-111","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Debt &amp; 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