Fitch Ratings-Chicago-04 November 2021: Fitch Ratings has updated its “U.S. Public Finance College and University Rating Criteria” as part of the routine criteria review process. Revisions to the criteria are mostly editorial in nature and there is no impact on existing ratings.
Primary revisions to the criteria are: minor editorial changes; clarification of the long-term debt definition to better match audit presentation and disclosure standards; and an updated and streamlined discussion of the scenario analysis to add clarity and support cross-sector criteria consistency.
This new criteria report replaces the criteria report of the same name dated Oct. 7, 2020.
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Director
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George Stimola
Director
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Raj Sanghvi
Senior Analyst
+1-212-908-0746
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