University of Maine System Maintains Stable AA- Financial Rating Through Pandemic
September 24, 2021
September 24, 2021
ORONO, Maine, Sept. 24 -- The University of Maine System issued the following news release:
The University of Maine System has retained its AA- credit rating during the COVID-19 pandemic. AA- means UMS has a "very strong capacity" to pay interest and repay principal on its outstanding debt.
UMS Vice Chancellor Ryan Low provided an overview of the report to the Finance, Facilities & Technology Committee on Sept. 15 via Zoom. The S&P review team noted UM . . .
The University of Maine System has retained its AA- credit rating during the COVID-19 pandemic. AA- means UMS has a "very strong capacity" to pay interest and repay principal on its outstanding debt.
UMS Vice Chancellor Ryan Low provided an overview of the report to the Finance, Facilities & Technology Committee on Sept. 15 via Zoom. The S&P review team noted UM . . .