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The Honolulu Advertiser

Updated at 12:14 p.m., Thursday, November 16, 2006

Fitch gives UH bonds an 'A+' rating

Advertiser Staff

Fitch Ratings assigned an "A+" rating to a University of Hawai'i $100 million revenue bond issue, series 2006A.

The revenue bonds are expected to be issued this month, Fitch said in a news release. It said the rating was based on UH's dominant market position among colleges in the state and its low debt burden.

It also affirmed an A+ rating for UH's 2002A and 2006A bonds