S&P Global Ratings assigned its'AAA'long-term rating to Grinnell College , Iowa's estimated $95 million series 2026 revenue refunding bonds. At the same time, S&P Global Ratings affirmed its'AAA'long-term rating on the college's existing revenue bonds. The outlook is stable. A general obligation of Grinnell College secures the bonds. The series 2026 bonds will go toward refunding all or a portion of the college's series 2014 and series 2017 bonds. As of June 30, 2026, college had about $202 million in fixed-rate debt outstanding, which fully amortizes by 2052. The debt has a bullet payment of roughly $61 million due in 2052; however, this poses little to no risk to the college given the size of its
