Some interesting stats regarding athletics debt and annual debt services. According to the ratings agency Moody's, "In April, a planned $15.4 million bond offering to be backed by athletic facility revenues at the University of Iowa was pulled from the market, probably due to lack of interest stemming from the pandemic, say two market participants. The Iowa bonds included a university pledge to impose student fees to cover the debt."
www.sportico.com/2020/business/finance/debt-laden-college-football-programs-making-muni-market-nervous-1234608360/
Anyone know what the annual Cyclone athletics debt service is this year?
www.sportico.com/2020/business/finance/debt-laden-college-football-programs-making-muni-market-nervous-1234608360/
Anyone know what the annual Cyclone athletics debt service is this year?