Moody's rates University of Miami bonds A2

Moody's Investors Service said it assigned an A2 rating to the University of Miami's $340 million of series 2008 A and B revenue bonds to be issued through the Miami-Dade County Educational Facilities Authority.

The series 2008B bonds are taxable, and Moody's said it expects to assign a global scale rating to the taxable debt.

The outlook is stable.

Sale of the bonds is expected on April 2.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.