Credit agencies affirm UCAR’s bond ratings

BOULDER — The credit-rating agencies Moody’s Investor Service and Standard & Poor’s Global Ratings have affirmed A2 and A+ long-term bond ratings for the University Corporation for Atmospheric Research.

In its report, Moody’s said that its A2 rating reflects UCAR’s “established and prominent position” in operating the National Center for Atmospheric Research and supporting leading research in the fields of climate, weather, and other Earth and atmospheric processes. “Operating performance has been steady and relatively predictable, with manageable debt and good debt service coverage,” the Moody’s report said.

S&P’s report said that its A+ rating reflects…