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Mount Holyoke College, MA Series 2011B Bonds Rated ?AA-? On Good Financial Resources Jun 11

  • ID: 1814906
  • June 2011
  • Standard & Poors

Abstract
NEW YORK (Standard & Poor's) June 7, 2011--Standard & Poor's Ratings Services has assigned its 'AA-' long-term rating, with a stable outlook, to the series 2011B Massachusetts Development Finance Agency (MDFA) revenue bonds, issued for Mount Holyoke College (MHC). At the same time, Standard & Poor's affirmed its 'AA-' long-term rating on revenue bonds previously issued by MDFA issued for MHC. "The long-term rating reflects our assessment of the college's good financial resource levels, large endowment, historically small to moderate operating surpluses on a full accrual basis, as well as its good academic reputation, excellent student quality, and a strong demand profile," said Standard & Poor's credit analyst Errol Arne. "Credit factors we believe somewhat offset the preceding rating strength's...

Companies mentioned in this report are:
- Mount Holyoke Coll
- Massachusetts Development Finance Agency

Action: Affirmed
Action: New Rating
Action: Outlook: Stable

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- Mount Holyoke Coll
- Massachusetts Development Finance Agency

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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