Baylor passes financial inspection with flying colors
…nvestment community when the University refinanced its long-term bonds. In order to do so, some outside funding agencies — groups like Standard and Poor’s and Fitch — had to come in and peek under Baylor’s hood, looking at the University’s finances, the vitality of its current programs and the likely success of its future plans. What they saw impressed them and led to Baylor earning a AA- rating for those bonds (click here and here for more detail…