NEW YORK – Fitch Ratings affirmed the New England Institute of Technology’s long-term rating as “A+,” outlook stable.
The global rating agency confirmed NEIT’s rating for $40 million of higher education facility revenue bonds issued by the R.I. Health & Educational Building Corporations.
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“The ‘A+’ rating reflects NEIT’s record of strong operating performance, solid balance sheet resources and experienced management team,” said the report.
Founded in 1940, the Warwick-based college offers professionally focused undergraduate and graduate programs.
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