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Clark State’s Bond Ratings Hold Stable in Competitive Market

Clark State’s Bond Ratings Hold Stable in Competitive Market

November 1, 2013

Moody's Investors Services has affirmed the Aa2 enhanced rating and A2 underlying rating on Clark State Community College's 2012A1 and 2012A2 Bonds issued by the Ohio Building Authority and the A2 rating on the General Receipts Bonds.

The A2 rating reflects Clark State's solid market position with positive operations, healthy state support and improved financial resource coverage of debt and operations. The Aa2 enhanced rating is based on support from the Ohio Community and Technical College Credit Enhancement Program. The outlook on both the enhanced and underlying ratings is stable.

Media Contact

Laurie Means Executive Director, Marketing

937.328.6145 meansl@clarkstate.edu