Goshen (City of) Indiana, Variable Rate Demand Economic Development Revenue Bonds, (Goshen College Project), Series 2004, $3.28MM Credit Rating

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Date	Document Type	Title	Source
01 Jul 2020	Compilation	US Public Finance Credit Outlook: July 1, 2020	Moody's Investors Service
01 Jul 2020	Sector Comment	Higher Education – Global: Suspension of work visas will further stifle international demand for US universities	Moody's Investors Service
25 Jun 2020	Median Reports	Higher education - US: Medians – Private universities produced steady operating performance in fiscal 2019	Moody's Investors Service
24 Jun 2020	Compilation	US Public Finance Credit Outlook: June 24, 2020	Moody's Investors Service
24 Jun 2020	Sector Comment	Higher Education – US: Shifts in student migration would benefit some universities and harm others	Moody's Investors Service
17 Jun 2020	Compilation	US Public Finance Credit Outlook: June 17, 2020	Moody's Investors Service
10 Jun 2020	Compilation	US Public Finance Credit Outlook: June 10, 2020	Moody's Investors Service
04 Jun 2020	Sector Comment	Public finance – US: Social unrest and underlying inequality pose fiscal and governance credit risks	Moody's Investors Service
03 Jun 2020	Compilation	US Public Finance Credit Outlook: June 3, 2020	Moody's Investors Service
03 Jun 2020	Sector In-Depth	Higher education and community colleges – US: Even with potential enrollment gains, colleges face drop in tuition revenue	Moody's Investors Service
22 May 2020	Sector Profile	State and local government - US: Public pension dashboards	Moody's Investors Service
20 May 2020	Outlook	Community colleges – US: Outlook stays stable as diversified revenue, operating model soften coronavirus impact	Moody's Investors Service
18 May 2020	Sector In-Depth	State and local government – Illinois: Already high pension-related credit risks compounded by coronavirus revenue shock	Moody's Investors Service
13 May 2020	Compilation	US Public Finance Credit Outlook: May 13, 2020	Moody's Investors Service
12 May 2020	Sector In-Depth	Higher education – US: Largest debt issuers are well positioned to weather coronavirus shocks	Moody's Investors Service
04 May 2020	Outlook	Local government – US: Outlook changes to negative as coronavirus intensifies severity and length of recession	Moody's Investors Service
01 May 2020	Sector In-Depth	Coronavirus effects: Credit drivers and rating consequences	Moody's Investors Service
29 Apr 2020	Compilation	US Public Finance Credit Outlook: April 29, 2020	Moody's Investors Service
23 Apr 2020	Sector Comment	Public finance – US: New GASB rules aid issuers in Libor transition	Moody's Investors Service
22 Apr 2020	Compilation	US Public Finance Credit Outlook: April 22, 2020	Moody's Investors Service
15 Apr 2020	Compilation	US Public Finance Credit Outlook: April 15, 2020	Moody's Investors Service
08 Apr 2020	Compilation	US Public Finance Credit Outlook: April 8, 2020	Moody's Investors Service
07 Apr 2020	Sector Comment	Higher Education – Global: Coronavirus will lower student demand and increase costs for universities	Moody's Investors Service
01 Apr 2020	Sector Comment	Higher education – US: Federal aid provides modest support for universities coping with coronavirus	Moody's Investors Service
01 Apr 2020	Compilation	US Public Finance Credit Outlook: April 1, 2020	Moody's Investors Service
26 Mar 2020	Outlook	Nonprofit organizations – US: Outlook changes to negative as coronavirus disrupts operations, depressing revenue	Moody's Investors Service
24 Mar 2020	Sector Comment	State and local government – US: 2020 pension investment losses poised to inflict material credit damage	Moody's Investors Service
24 Mar 2020	Sector Comment	Local government – Pennsylvania: Ethelyne plant provides economic benefits but brings social, environmental risks	Moody's Investors Service
23 Mar 2020	Market Comment	Tax Day Changes in U.S. Could Spell Trouble in Muniland	Moody's Analytics
20 Mar 2020	Sector In-Depth	Public finance – US: Heat map: Coronavirus will have broad effects across US public finance	Moody's Investors Service
18 Mar 2020	Outlook	Higher education – US: Outlook shifts to negative as coronavirus outbreak increases downside risks	Moody's Investors Service
10 Feb 2020	Sector In-Depth	Women’s rising education levels buoy US growth, but student loan debt weighs on finances (Slides)	Moody's Investors Service
10 Feb 2020	Sector In-Depth	Privatized student housing - US: P3 projects overcome lease-up challenges, achieving stable occupancy and rent growth	Moody's Investors Service
27 Jan 2020	Sector Comment	Higher education - Pennsylvania: Community college agreement with online education provider is credit negative for Pennsylvania four-year universities	Moody's Investors Service
16 Jan 2020	Sector In-Depth	Student Loans – US: Slow repayments to remain key driver of growing balances as new borrowing slows	Moody's Investors Service
15 Jan 2020	Sector Comment	Local government and higher education – New York: Choice of Brookhaven National Laboratory for electron-ion collider is positive for Long Island, SUNY Stony Brook	Moody's Investors Service
19 Dec 2019	Sector Profile	Local government - US: Pensions remain the dominant liability for most of the largest local governments	Moody's Investors Service
13 Dec 2019	Outlook	Public Finance - US: 2020 Outlooks mostly stable amid continued economic expansion, strengthening revenues and solid reserves (Slides)	Moody's Investors Service
12 Dec 2019	Outlook	Nonprofit organizations – US: 2020 outlook stable as gifts and investment returns propel revenue growth	Moody's Investors Service
10 Dec 2019	Outlook	Higher education – US: 2020 outlook moves to stable with steady revenue growth and solid reserves	Moody's Investors Service
10 Dec 2019	Outlook	Community colleges – US: 2020 outlook stable with revenue growth driven by increasing state and local support	Moody's Investors Service
22 Nov 2019	Sector Comment	Higher education – Massachusetts: Financial stability legislation is credit positive if it smooths college closure process	Moody's Investors Service
11 Nov 2019	Sector In-Depth	Higher education - US: Tuition revenue growth weakens for public and private universities	Moody's Investors Service
05 Nov 2019	Sector In-Depth	Public finance – US: Affordable housing shortage and homelessness pose social and financial risks	Moody's Investors Service
22 Oct 2019	Sector In-Depth	Not-for-profit and public healthcare - US: Hospital reliance on specialty outpatient drugs poses risk as pricing scrutiny mounts	Moody's Investors Service
09 Oct 2019	Sector Comment	Public colleges & universities – Michigan: State budget is credit negative for universities already facing lower enrollment	Moody's Investors Service
30 Sep 2019	Median Reports	Community colleges with revenue-backed debt – US: Medians - Community colleges sustain revenue growth despite lower enrollment	Moody's Investors Service
18 Sep 2019	Sector Comment	Higher education – US: Century bonds provide credit-positive financing tool for select US universities	Moody's Investors Service
11 Sep 2019	Sector Comment	Public colleges and universities and states – Louisiana: Plan to boost higher education achievement is credit positive for the state and its universities	Moody's Investors Service
12 Aug 2019	Sector In-Depth	Higher education – US: State funding a stabilizing element while competition curbs revenue growth	Moody's Investors Service

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