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Fitch Affirms FAU's Housing Revenue Bond at "A+" with "Stable" Outlook...

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Fitch Affirms FAU's Housing Revenue Bond at "A+" with "Stable" Outlook...

Just in case anyone is wondering how the housing situation at FAU is fairing from a "high level" debt perspective…


"Fitch Ratings affirms its 'A+' rating on approximately $78 million of outstanding housing and dormitory revenue bonds issued by the Florida Board of Education and Florida Board of Governors, on behalf of Florida Atlantic University (FAU).

The Rating Outlook is Stable.
"


Of note is this statement by Fitch:

"Continued strong demand for on-campus housing, driven by FAU's increased enrollment trends, anticipates future debt issuance."


We already have Innovation Village on the way…could there be more??

Full Rating Release

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