Article: Fitch Affirms University of North Texas CP Program at 'F1+'.

NEW YORK -- Fitch Ratings affirms its 'F1+' on the Board of Regents of the University of North Texas System (System) commercial paper (CP) program which is supported by the System's internal liquidity. The System's Board of Trustees plans to increase the size of the CP program from $50 million to $100 million on July 7, 2008. As of Aug. 30, 2007, approximately $20.01 million of CP is outstanding. The System uses its CP program capacity to finance eligible capital projects on an interim basis.

The short-term 'F1+' rating is primarily supported by the System's significant level of unrestricted and liquid reserves. The most liquid of the System's investments are invested in ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!