The University of California is expected to ride its credit strength to low financing costs when it prices $2.8 billion in two revenue bond sales next week… Ginestro pointed to the UC system’s strong balance sheet, good cash flow, and significant demand from the 240,000 students enrolled on its 10 campuses statewide for why he thinks the bonds will be warmly received by the market, even amid heavy supply.

Read full article [here].
by Keeley Webster, Bond Buyer.

Posted: March 5th, 2015, by: admin. Categories: . Awaiting Comments.