Fitch Ratings has assigned a AA+ rating to approximately $132.6 million of fixed-rate bonds and a similar rating to $125.8 million of variable-rate bonds issued by the Maryland Health and Higher Education Facilities Authority on behalf of Johns HopkinsUniversity.
Fitch said the rating reflects the university?s status as a “premier comprehensive research university,” as well as strong student quality, an experienced management team, and a positive track record of operating performance.
Funds raised by the bonds later this month and in early August will be used for the school?s capital projects and to refinance existing loans.
