Technology | 2012.04.06
Fitch Affirms New England Institute Of Technology's Revs at 'A+'; Outlook Stable
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the long-term rating on $40 million of higher education facility revenue bonds issued by the Rhode Island Health and Educational Building Corporations on behalf of the New England Institute of Technology (NEIT). The Rating Outlook is Stable. SECURITYThe bonds are secured by all available funds of NEIT and are further secured by a first mortgage lien. KEY RATING DRIVERSSTABLE CREDIT CHARACTERISTICS: The \'A+\' rating reflects NEIT\'s record of st
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