Cambridge University mulls Aaa bond

01 Oct 2012

The University of Cambridge is considering a bond issue, having obtained a rating today of Aaa from Moody’s.

HSBC, Morgan Stanley and Royal Bank of Scotland are taking the university on a roadshow to UK investors, starting in Scotland on Friday October 5 and moving to London on Monday and Tuesday.

Cambridge has operated with very little debt, but management has won internal approval to borrow ...

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