Summary: Harvard University Massachusetts Development Finance Agency; CP; Private Coll/Univ - General Obligation

S&P Global Ratings assigned its 'AAA' long-term rating to the $230 million series 2025A-1 and $224 million series 2025A-2 tax-exempt bonds issued by the Massachusetts Development Finance Agency for Harvard University, Mass. At the same time, S&P Global Ratings affirmed its 'AAA' rating on the taxable and tax-exempt bonds outstanding issued by the President and Fellows of Harvard College and the Massachusetts Development Finance Agency for Harvard. S&P Global Ratings also affirmed its 'A-1+' short-term rating on various debt issued by and for Harvard. The outlook, where applicable, is stable. Harvard's obligation to pay its debt is an unsecured general obligation. The university had total debt of approximately $7.6 billion as of June 30, 2024. This includes $722 million of

...+ S&P Global Ratings assigned its '###' long-term rating to the $230 million series 2025A-1 and $224 million series 2025A-2 tax-exempt bonds issued by the Massachusetts Development Finance Agency for Harvard University, Mass. + At the same time, S&P Global Ratings affirmed its '###' rating on the taxable and tax-exempt bonds outstanding issued by the President and Fellows of Harvard College and the Massachusetts Development Finance Agency for Harvard. + S&P Global Ratings also affirmed its 'A-1+' short-term rating on various debt issued by and for Harvard. + The outlook, where applicable, is stable....

Summary