Penn State Univ. Outlook to Stable

Cataldo, Adam L.
January 2005
Bond Buyer;1/7/2005, Vol. 351 Issue 32045, p2
Trade Publication
The article informs for the Moody's Investors Service Inc. assigned its Aa2 rating and revised the outlook to stable from positive on Pennsylvania State University's $98.5 million of Series 2005 bonds being sold next week. The bonds are an unsecured general obligation of the university, and the proceeds will go to pay for renovations and construction projects at the school's University Park campus and its College of Medicine.


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