Massachusetts Development Finance Agency Massachusetts Institute of Technology; Private Coll/Univ - General Obligation

S&P Global Ratings has assigned its 'AAA' long-term rating to up to $265 million series P tax-exempt revenue bonds issued by the Massachusetts Development Finance Agency on behalf of the Massachusetts Institute of Technology (MIT). S&P Global Ratings also assigned its 'AAA' rating to MIT's series F $300 million taxable bonds. At the same time, S&P Global Ratings affirmed its 'AAA' and 'AAA/A-1+' ratings on MIT's existing debt, some of which was issued by the Massachusetts Development Finance Agency (formerly known as the Massachusetts Health and Educational Facilities Authority). The outlook, where applicable, is stable. The 'AAA' rating reflects our view of MIT's extremely strong enterprise profile, characterized by incredible demand for its programs, exceptional student quality, a geographically diverse

...S&P Global Ratings has assigned its '###' long-term rating to up to $265 million series P tax-exempt revenue bonds issued by the Massachusetts Development Finance Agency on behalf of the Massachusetts Institute of Technology (MIT). S&P Global Ratings also assigned its '###' rating to MIT's series F $300 million taxable bonds. At the same time, S&P Global Ratings affirmed its '###' and '###/A-1+' ratings on MIT's existing debt, some of which was issued by the Massachusetts Development Finance Agency (formerly known as the Massachusetts Health and Educational Facilities Authority). The outlook, where applicable, is stable. The '###' rating reflects our view of MIT's extremely strong enterprise profile, characterized by incredible demand for its programs, exceptional student quality, a geographically diverse student body, and impressive management and governance oversight. We assessed the institute's financial profile as very strong, with a substantial endowment and a track record of excellent...

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