The university receives a positive lookout from Moody’s.
“The Moody’s rating upgrade highlights the University’s strong academic and research profile, record student demand, and commitment to our financial bottom line,” Lloyd Blanchard, UConn interim vice president for Finance and CFO said, also in the statement. “We are proud to earn this rating upgrade, which we expect will reduce our long-term borrowing costs and allow us to invest additional resources on our students.”
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“The Moody’s rating upgrade highlights the University’s strong academic and research profile, record student demand, and commitment to our financial bottom line,” Lloyd Blanchard, UConn interim vice president for Finance and CFO said, also in the statement. “We are proud to earn this rating upgrade, which we expect will reduce our long-term borrowing costs and allow us to invest additional resources on our students.”
Moody’s upgrades UConn’s special obligation revenue bonds, affirms rating, says outlook ‘stable’
Moody’s Investors Service said it has assigned a Aa3 rating to University of Connecticut’s proposed $50 million of Special Obligation Student Fee Revenue Bonds, upgraded the university&…
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