October 14, 2005
Bond Rating Update
The following institution had its bond rating upgraded during September 2005. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
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York College of Pennsylvania, by Standard & Poor's, from A- to A. Applies to $41.8-million in new and outstanding bonds. Reasons cited include an $85-million endowment, much of which is restricted; a
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