February 16, 2007
Bond-Rating Update
The following institutions had their bond ratings upgraded during January 2007. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
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New England College, by Moody's Investors Service, from B1 to Ba3. Applies to $4.8-million in outstanding bonds. Reasons cited include growing enrollment in the New Hampshire college's undergraduate and
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