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Johns Hopkins gets AA+ bond rating

Jul 5, 2008 12:00 AM (94 days ago) by Aaron Cahall, The Examiner
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Related Topics: BALTIMORE

BALTIMORE (Map, News) - Fitch Ratings has assigned a AA+ rating to approximately $132.6 million of fixed-rate bonds and a similar rating to $125.8 million of variable-rate bonds issued by the Maryland Health and Higher Education Facilities Authority on behalf of Johns Hopkins University.

Fitch said the rating reflects the university’s status as a “premier comprehensive research university,” as well as strong student quality, an experienced management team, and a positive track record of operating performance.

Funds raised by the bonds later this month and in early August will be used for the school’s capital projects and to refinance existing loans.

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Comments from Examiner Readers

7:41 AM MST on Fri., Jul. 18, 2008 re: "Johns Hopkins gets AA+ bond rating"

Examiner Reader said:
John Hopkins should get an AA+ rating. They are increasingly amoung the highest rated University Hospital all the way! Kidos to you all! Mr. Jeffery Bush

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