Friday, May 8, 2015

Standard and Poor's puts UL, others on Credit Watch status - Ken Stickney, Gannett

Standard and Poor's Ratings Services has fired what one state official says is "a pretty serious warning shot" at five Louisiana public colleges and universities — including the University of Louisiana at Lafayette — placing their credit ratings on Credit Watch status with a negative outlook and possibly hampering future construction projects on their campuses. Standard and Poor's credit analyst Bianca Gaytan-Burrell of the Dallas office said the affected campuses, in addition to UL, are Nicholls State, University of New Orleans, Delgado Community College and LSU's Bogalusa Community Medical Center Project. http://www.theadvertiser.com/story/news/local/education/2015/05/02/standard-poors-puts-ul-others-credit-watch-status/26775261/

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