Tear Em Asunder

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nateDiggsCSU

Joined: 8/1/04 Posts: 68841
Likes: 9225


I doubt it


CSU has an investment grade credit rating, even though they’ve taken out a fair amount of debt over the last decade or so. While the credit ratings are worth a whole ton (as we know from the last financial crisis) CSU has still maintained a a strong rating. This wouldn’t happen if the rating agencies and the credit agencies thought that a financial downturn would prevent CSU from paying back their debts.

It sucks for sure. But it's not catastrophic.

(In response to this post by Headbutt)

Posted: 07/24/2020 at 8:10PM



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Current Thread:
 
  
Barry Alvarez says 100 million loss begs for $ -- jc5921 07/23/2020 8:32PM
  Simple answer -- stiflersmom 07/24/2020 10:06AM
  Bond payments will be fun the next 12 months ** -- jcl508 07/24/2020 10:07AM
  Eh, CSU will just pay them from their rainy day fund -- nateDiggsCSU 07/24/2020 11:07AM
  Thanks to a very truthful and balanced Dr Tony Frank -- Mtnbighorn 07/24/2020 9:54PM
  I doubt it -- nateDiggsCSU 07/24/2020 8:10PM

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