Bond-Rating Update for June 2002

The following institutions had their bond ratings upgraded or downgraded during June 2002. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.

UPGRADES
  • Collin County Community College District, by Moody's Investors Service, from Aa2 to Aaa, and by Standard & Poor's, from AA to AAA. The Moody's rating applies to

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