Harvard will sell up to $573 million in revenue bonds through a state agency and use the proceeds to refinance outstanding debt, and sell $500 million in taxable bonds for “corporate purposes,” according to a report from Moody’s Investors Service this week.| www.thecrimson.com
Amid fiscal hurdles, Bacow — an economist by training — is examining the University’s financials at the macro level. He’s already looking ahead to when the next recession hits.| www.thecrimson.com