Georgia Tech has received the top tier credit rating on an upcoming bond issue despite challenges facing the nation’s higher education sector as the pandemic remakes the college experience.
Tag: Credit rating
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Credit downgrades for loans on Mercedes Benz Stadium, State Farm Arena announced Tuesday
Credit downgrades were announced Tuesday on five loans taken out by two governmental entities that used the money to help pay for the Mercedes Benz Stadium and State Farm Arena, according to rating actions issued by Moody’s Investors Service.
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Northwest tollway: Revenues high, rising as commuters seek to avoid traffic delays
Georgia’s foray into the next generation of road-building projects is proving so successful that the analysts have raised the credit rating on bonds that helped pay for it. Strong revenues result in fewer concerns about Georgia’s ability to repay a federal loan that helped fund the tollway in Cobb and Cherokee counties.
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ATL credit rating says proposed state takeover wouldn’t hurt airport’s ability to borrow money
The potential state takeover of Atlanta’s airport did not weigh on the airport’s recent credit rating by analysts who say federal law will control debt payments no matter who controls the facility, according to a recent rating action by Moody’s Investors Service.
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Georgia’s pension fund cited in positive light by Moody’s credit analysts
Georgia’s pension fund is highlighted in a positive light in a recent credit rating action by Moody’s Investors Service. Moody’s issued the rating for about $951 million in debt the state plans to sell for purposes including education and election voting systems.
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Brookhaven’s new $40 million parks bond earns top credit rating; city already spending proceeds
Brookhaven hasn’t wasted a minute in ramping up projects with the $40 million bond for parks and facilities voters approved in November 2018. Just four days after Moody’s Investors Service awarded the bonds its highest rating, the Brookhaven City Council approved two contracts related to parks improvements.
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Georgia retains top credit rating in two recent bond sales
Georgia has received top quality credit ratings for a $19.3 million bond it began placing July 20 for the purpose of paying off a debt incurred in 2003 to improve roads and bridges.
