April 18, 1994 (vol. 104, iss. 117) • Page Image 11
…The Michigan Daily - Monday, April 18, 1994 - 11 wr i : ® r a .,r... .. RATING Continued from page 1 according to Moody's, 'The University's strong overall credit posi- tion,"' Womack told the regents. The upgradeaffectstheUniversity's $186.9 million debt, including student fee bonds and other debt backed by the University's pledge of all legally avail- able funds. "The higher rating means we are more secure with our credit," Womack said. In...…