November 17, 2006
Bond-Rating Update
The following institutions had their bond ratings upgraded during October 2006. Ratings, which reflect the relative financial strength of institutions, help determine their cost of borrowing.
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Georgia Institute of Technology, by Standard & Poor's, from A+ to AA. Applies to $19-million in outstanding bonds. Reasons cited include the $1.2-billion endowment of the university and its foundation, a
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