S&P Global Ratings assigned its 'AAA' rating to the University of Virginia's (UVA) $200 million tax-exempt series 2018 bonds.

S&P Global Ratings assigned its 'AAA' rating to the University of Virginia's (UVA) $200 million tax-exempt series 2018 bonds. In addition, S&P Global Ratings affirmed its 'AAA' rating on UVA's fixed-rate general revenue pledge bonds. S&P Global Ratings also affirmed its 'A-1+' short-term rating on the university's outstanding $175 million commercial paper (CP) debt. The outlook is stable. Read more.