MOODY'S ASSIGNS Baa1 UNDERLYING RATING TO WENTWORTH INSTITUTE OF TECHNOLOGY'S VARIABLE RATE DEMAND REVENUE REFUNDING BONDS SERIES 2008; OUTLOOK IS NEGATIVE - Rating Update - 2009/05/21 - Moody's Global Credit Research

Report title: MOODY'S ASSIGNS Baa1 UNDERLYING RATING TO WENTWORTH INSTITUTE OF TECHNOLOGY'S VARIABLE RATE DEMAND REVENUE REFUNDING BONDS SERIES 2008; OUTLOOK IS NEGATIVE

from Moody's Global Credit Research
3362 word report published May 21, 2009

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Global Credit Research Rating Update 21 MAY 2009 Rating Update: Wentworth Institute of Technology, MA MOODY'S ASSIGNS Baa1 UNDERLYING RATING TO WENTWORTH INSTITUTE OF TECHNOLOGY'S VARIABLE RATE DEMAND REVENUE REFUNDING BONDS SERIES...

Report Type:

Rating Update

Company:

Wentworth Institute of Technology

Issuer:

Massachusetts Development Finance Agency; Wentworth Institute of Technology, MA

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Moody's Investors Service, a leading global credit rating, research and risk analysis firm, publishes credit opinions, research, and ratings on fixed-income securities, issuers of securities and other credit obligations. Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Ratings also create efficiencies in fixed-income markets and similar obligations, such as insurance and derivatives, by providing reliable, credible, and independent assessments of credit risk. For issuers, Moody's services increase market liquidity and may reduce transaction costs.

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