Huron receives investment grade rating, enters bond market

Huron University College has announced that it has received an investment grade rating from DBRS Morningstar and has entered the bond market. Huron says that it is the first Canadian university affiliate to be publicly rated and to issue bonds in the bond market. The bonds will finance a new 300-bed residence and dining hall, as well as a retrofit of Huron’s O’Neil/Ridley residence. “One of the advantages of a bond is you have a long-term, locked-in rate,” said Huron President Barry Craig. “The bond is of such a scope that it can take up all of our capital projects at once.” London Free Press| Huron Note: Archived stories may contain dead links or be missing source links.

Huron | London Free Press | London Free Press