July 13, 2007
Bond-Rating Update
The following institutions had their bond ratings upgraded or downgraded during June 2007. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
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Indiana University system, by Moody's Investors Service, from Aa2 to Aa1 for revenue, student-fee, and student-housing bonds, and from Aa3 to Aa2 for student-union bonds. Applies to a total of
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