Standard & Poor's highlighted the potential for Mexican universities to enter the capital markets in a report last week. "Once they're rated, the most probable route to the market will be securitization, either of tuition or student loans," said Juan de Mollein, a director on the agency's Latin America structured finance team.

So far, S&P has only assigned a single public rating on a university -mxBBB' to Universidad de las Americas - but expects more up ahead. Intensifying global competition, a relatively young population and infrastructure demand are expected to turn up financial pressure on universities and swivel their attention to the deepening ABS market.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.