News | Administration

Columbia credit outlook downgraded to ‘negative’ as University prepares to sell $485 million in bonds

Columbia plans to use part of the proceeds from the bond sale on capital projects such as the Li Lu Law Library renovation and new housing and research facilities, a University spokesperson told Spectator.

By Zohar Ford / Senior Staff Photographer

Despite downgrading its credit outlook, Moody’s Ratings affirmed Columbia’s Aaa credit rating for its upcoming bond sale, which the University has held for nearly 40 years.

By Matt Luo • May 11, 2026 at 5:12 AM

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