Summary: Harvard University President and Fellows of Harvard College, Massachusetts; CP; Private Coll/Univ - General Obligation

S&P Global Ratings assigned its 'AAA' long-term rating to Harvard University, Mass.' $750 million series 2025B taxable bonds. 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 operating leases and $101 million of capital leases. The series 2025B bond proceeds will

...+ S&P Global Ratings assigned its '###' long-term rating to Harvard University, Mass.' $750 million series 2025B taxable bonds. + 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