Wednesday, February 23, 2011
University of Southern Indiana credit rating reaffirmed by rating service
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"Their two-year expectations are for the University to maintain its enrollment and student demand profile, continue to generate positive operating results, and manage through an expected continued period of state appropriation uncertainty," said Mark Rozewski, vice president for Finance and Administration, who added that the rating and outlook take into account a near-term plan to borrow $13 million to fund the construction of a $16.5 million campus theater. |
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