TITLE

Moody's Drops Univ. of Maryland Issue

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
March 2006
SOURCE
Bond Buyer;3/23/2006, Vol. 355 Issue 32345, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of Moody's Investors Service to downgrade its rating on $34.4 million of senior student-housing revenue bonds issued by the Maryland Economic Development Corp. in 2003. The bonds were issued on behalf of the University of Maryland. The speculative-grade bonds financed the construction of an apartment complex designed for graduate students.
ACCESSION #
20289389

 

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