February 25, 2005
Bond-Rating Update
The following institutions had their bond ratings upgraded during January 2005. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
- Charles S. Mott Community College, by Standard & Poor's, from A to A+. Applies to $67.6-million in new and outstanding bonds. Reasons cited include the Flint, Mich., institution's consistent
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