In another example of barren’s got-this-ness, see the link below. From the article:
“UNIVERSITY PARK, Pa. — Reports released by Moody’s Investors Services and S&P Global Ratings gave Penn State’s credit rating a stable outlook, even as the University navigates challenges presented by the ongoing coronavirus pandemic.
Moody’s assigned the University an Aa1 stable rating, while S&P assigned Penn State an AA long-term rating with a stable outlook.
In its analysis of Penn State, Moody’s said its Aa1 stable rating reflects the University’s position as a nationally recognized public institution with a vast research portfolio. The report said, “Penn State’s excellent strategic positioning captures its favorable student demand, expansive and highly diverse research portfolio and solid philanthropic support.”
Moody’s lauded Penn State’s financial strategy, debt management and revenue diversity as major contributors to its stable rating, including, “Consistently favorable operating performance and debt affordability, aided by strong financial oversight provided by a highly effective administrative team and board.””
https://news.psu.edu/story/617933/2...ceives-stable-outlooks-credit-rating-agencies
Give early, often, and in large sums.
“UNIVERSITY PARK, Pa. — Reports released by Moody’s Investors Services and S&P Global Ratings gave Penn State’s credit rating a stable outlook, even as the University navigates challenges presented by the ongoing coronavirus pandemic.
Moody’s assigned the University an Aa1 stable rating, while S&P assigned Penn State an AA long-term rating with a stable outlook.
In its analysis of Penn State, Moody’s said its Aa1 stable rating reflects the University’s position as a nationally recognized public institution with a vast research portfolio. The report said, “Penn State’s excellent strategic positioning captures its favorable student demand, expansive and highly diverse research portfolio and solid philanthropic support.”
Moody’s lauded Penn State’s financial strategy, debt management and revenue diversity as major contributors to its stable rating, including, “Consistently favorable operating performance and debt affordability, aided by strong financial oversight provided by a highly effective administrative team and board.””
https://news.psu.edu/story/617933/2...ceives-stable-outlooks-credit-rating-agencies
Give early, often, and in large sums.
