May 16, 2003

Bond-Rating Update for April 2003

By AUDREY WILLIAMS JUNE

The following institutions had their bond ratings upgraded or downgraded during April 2003. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.

UPGRADES
  • Earlham College, by Moody's Investors Service, from A1 to Aa3. Applies to $14.2-million in outstanding bonds. Reasons cited include enough unrestricted resources at the

Print Subscription

Digital Subscription

Already have an account? Log In Now.