TITLE

A1-Rated RISD Earns Stable Outlook From Moody's Ahead of $40M Sale

AUTHOR(S)
Cataldo, Adam L.
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/5/2006, Vol. 356 Issue 32395, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports the upcoming sale of revenue bonds of Rhode Island School of Design (RSID). According to Moody Investors Service, it has changed credit rating of RSID to A1 due to its solid student market position and two years of financial growth aided by healthy investment returns. Robert Donovan, executive director of the Rhode Island Health and Education Building Corp., said that the final approval of the plan will be released by its board within the week.
ACCESSION #
21101510

 

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