Summary: Massachusetts Institute of Technology; Private Coll/Univ - General Obligation - S&P Global Ratings’ Credit Research

Summary: Massachusetts Institute of Technology; Private Coll/Univ - General Obligation

Summary: Massachusetts Institute of Technology; Private Coll/Univ - General Obligation - S&P Global Ratings’ Credit Research
Summary: Massachusetts Institute of Technology; Private Coll/Univ - General Obligation
Published Jul 21, 2021
6 pages (2725 words) — Published Jul 21, 2021
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Abstract:

S&P Global Ratings affirmed its 'AAA' and 'AAA/A-1+' ratings on Massachusetts Institute of Technology's (MIT) debt outstanding, some of which is issued by MIT or by the Massachusetts Development Finance Agency (formerly known as the Massachusetts Health and Educational Facilities Authority). The outlook, where applicable, is stable. At pricing, MIT had intended to either issue Series H taxable bonds or increase the par of the existing Series F taxable bonds. MIT did not issue the Series H bonds, and the outstanding long-term rating on MIT remains 'AAA', as we have assessed the additional debt in our rating. The 'A-1+' short-term rating reflects our view of MIT's general credit strengths and considerable experience in managing its own liquidity. MIT is providing its

  
Brief Excerpt:

...(Editor's Note: We are republishing this article to reflect a change in the issuance structure.) Credit Profile...

  
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Summary

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Global Issuers, Public Finance, Structured Finance
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Summary: Massachusetts Institute of Technology; Private Coll/Univ - General Obligation" Jul 21, 2021. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Institute-of-Technology-Private-Coll-Univ-General-Obligation-2695719>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Massachusetts Institute of Technology; Private Coll/Univ - General Obligation Jul 21, 2021. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Massachusetts-Institute-of-Technology-Private-Coll-Univ-General-Obligation-2695719>
  
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