November 26, 2004
Bond-Rating Update
Previous bond-rating updatesThe following institutions had their bond ratings upgraded or downgraded during October 2004. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
- Paris Junior College District, by Moody's Investors Service, from Baa2 to A3. Applies to $270,000 in outstanding bonds. Reasons cited include enrollment of 4,000, up from
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