January 12, 2007
Bond-Rating Update
The following institutions had their bond ratings upgraded or downgraded during December 2006. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
-
Clark Atlanta University, by Moody's Investors Service, from Ba2 to Ba1. Applies to $22.4-million in outstanding bonds. Reasons cited include the Georgia institution's improved operating
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
-
The Chronicle Review
-
Government
-
Advice
