Fitch Affirms Vanderbilt University's (TN) Short-Term Rating at 'F1+'

Business News
Print
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed its 'F1+' rating on Vanderbilt University's (Vanderbilt, or the university) $675 million taxable and tax-exempt commercial paper (CP) program. Tax-exempt CP is issued by the Health and Educational Facilities Board of the Metropolitan Government of Nashville and Davidson County, TN. SECURITY CP notes are an unsecured general obligation of Vanderbilt, payable from all legally available funds. KEY RATING DRIVERS UNIVERSITY FINANCIAL STRENGTH: V

imageimage