Standard & Poor’s raised its long-term rating and underlying rating on the Massachusetts Development Finance Agency’s bonds issued for Clark University to A-plus from A.

The rating agency also affirmed its AAA/A-1-plus rating on the university’s Series 2008 variable-rate demand revenue bonds, which the agency issued for the university.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.