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Fitch Drops Baylor Rating Ahead of $200M Stadium Sale

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Byline: Richard Williamson Fitch Ratings downgraded Baylor University's fixed-rate revenue bonds as the private school prepares to issue up to $200 million in debt for a new stadium on its Waco, Texas, campus. The rating was knocked down to A-plus from AA-minus. The outlook is stable. Ratings from ...
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