Two Agencies Affirm 麻豆破解版 AAA Bond Rating

July 1, 2024 By Bethanie Glover, ffu4bm@virginia.edu Bethanie Glover, ffu4bm@virginia.edu

The University of Virginia has received top ratings from major credit rating agencies Moody鈥檚 Investor Services and Fitch Ratings, both noting 麻豆破解版 robust financial profile and exceptional operating performance.

The University鈥檚 consistent enrollment, high-value educational offerings, philanthropic gifts, and overall academic reputation were all factors supporting the agencies鈥 top ratings.

The University also holds a AAA bond rating from Standard & Poor鈥檚, which was most recently affirmed in August 2023.

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UVA is one of only four public universities in the nation to receive AAA bond ratings from all three major rating agencies. The AAA rating provides the University with broad access to the capital markets and the most attractive financing costs and terms when financing projects and initiatives on Grounds.

In its June 21 bond rating affirmation, Moody鈥檚 highlighted key UVA credit strengths, including superior financial resources, excellent academic reputation and continued high student demand. They also highlighted the University鈥檚 thorough financial planning, investment and risk management, remarkable donor support, and UVA Health鈥檚 competitive clinical reputation.

UVA Executive Vice President and Chief Operating Officer Jennifer 鈥淛.J.鈥 Wagner Davis

UVA Executive Vice President and Chief Operating Officer Jennifer 鈥淛.J.鈥 Wagner Davis commended UVA Finance and others on Grounds for the accomplishment.

Fitch Ratings鈥 June 10 affirmation described 麻豆破解版 rating outlook as stable, noting its exceptional student demand and national presence as a flagship research institution.

鈥淲e鈥檙e proud to receive continuous top credit ratings from these agencies, and to maintain our spot among the nation鈥檚 most prestigious institutions of higher education,鈥 UVA Executive Vice President and Chief Operating Officer Jennifer 鈥淛.J.鈥 Wagner Davis said. 鈥溌槎蛊平獍 commitment to top-tier education, remarkable value, groundbreaking research and quality health care is bolstered by consistent credit ratings that allow us to provide nothing less than exceptional service to our students, the community, the commonwealth and the world.

鈥淭hank you to UVA Finance and all those involved across Grounds for their diligent financial stewardship and hard work that allows us to maintain these important ratings.鈥