NEW YORK (Standard&Poor's) Sept. 5, 2002--Standard&Poor's Ratings Services said today it assigned its 'A-1'-plus rating to the Massachusetts Health and Educational Facilities Authority's $300 million commercial-paper notes, series EE, issued for Harvard University. The outlook is stable. Standard&Poor's Ratings Services also said it affirmed its 'A-1'-plus and triple-'A' ratings on the outstanding debt issued for Harvard. The 'A-1'-plus rating reflects the university's overwhelming financial resources, provided by an $18.3 billion endowment (valued on June 30, 2001); strong management of admissions, investments, and operations; and impressive demand for Harvard's academic programs. The rating also reflects Harvard's long-term rating and ability to provide liquidity with same-day cash and investments. As of June 30, 2002, the university
