2011-12 Financial Statement Highlights

Debt and Credit Ratings

Debt

• During 2011-12 the University's long-term debt increased to $874 million.

Credit Ratings

• In conjunction with the issuance of Series 2013 bonds, with a total value of approximately $265.5 million, Moody’s Investor Services, Standard & Poor’s and Fitch Ratings have confirmed the University’s rating and outlook.

  Moody’s	Aa3	Stable
  Standard & Poor’s	A+	Positive
  Fitch	AA-	Stable

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  Page updated 08/30/2013
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