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Fitch analysis of GTAA debt
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georgia_tech_swagger Offline
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SkunkworksFolding@NCAAbbsNCAAbbs LUGCrappies
Post: #1
Fitch analysis of GTAA debt
They make it pretty clear ... they consider current debt load essentially at the maximum it can be while maintaining A+ bond rating.

There's a nasty $30m bullet payment coming up in 2020 thanks to Dan Radakovich's use of the credit card to buy things as well.

http://www.businesswire.com/news/home/20...ations-Rev
(This post was last modified: 01-11-2016 11:09 PM by georgia_tech_swagger.)
01-11-2016 11:06 PM
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copycat Offline
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Post: #2
RE: Fitch analysis of GTAA debt
Sounds like another 3-9 type season from football and a few more sub-par basketball seasons would sink the GTAA.
01-15-2016 12:03 PM
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georgia_tech_swagger Offline
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Posts: 51,393
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Reputation: 2017
I Root For: GT, USCU, FU, WYO
Location: Upstate, SC

SkunkworksFolding@NCAAbbsNCAAbbs LUGCrappies
Post: #3
RE: Fitch analysis of GTAA debt
(01-15-2016 12:03 PM)copycat Wrote:  Sounds like another 3-9 type season from football and a few more sub-par basketball seasons would sink the GTAA.

They have enough to keep the charade going, especially with help from Georgia Tech. But the ability to compete financially in the ACC is shattered right now, let alone compete against area SEC schools.
01-15-2016 01:20 PM
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copycat Offline
Why ask why?
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Posts: 2,022
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I Root For: Georgia Tech
Location: Marietta, GA
Post: #4
RE: Fitch analysis of GTAA debt
(01-15-2016 01:20 PM)georgia_tech_swagger Wrote:  They have enough to keep the charade going, especially with help from Georgia Tech. But the ability to compete financially in the ACC is shattered right now, let alone compete against area SEC schools.

Yeah, my fear is that the 2015-2016 academic years become the norm rather than the exception.

What can I say, I've contributed little.
01-15-2016 02:40 PM
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georgia_tech_swagger Offline
Res publica non dominetur
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Posts: 51,393
Joined: Feb 2002
Reputation: 2017
I Root For: GT, USCU, FU, WYO
Location: Upstate, SC

SkunkworksFolding@NCAAbbsNCAAbbs LUGCrappies
Post: #5
RE: Fitch analysis of GTAA debt
(01-15-2016 02:40 PM)copycat Wrote:  
(01-15-2016 01:20 PM)georgia_tech_swagger Wrote:  They have enough to keep the charade going, especially with help from Georgia Tech. But the ability to compete financially in the ACC is shattered right now, let alone compete against area SEC schools.

Yeah, my fear is that the 2015-2016 academic years become the norm rather than the exception.

What can I say, I've contributed little.

I joined the A-T Fund. I think it is stunning that the GTAA doesn't aggressively market it. It should be GT's IPTAY. Radakovich may get credit for the TECH Fund, but he should get ample demerits for de-emphasizing the A-T Fund.
01-15-2016 03:29 PM
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