Emory's Debt Policy
The purpose of Emory's debt policy is to articulate Emory's philosophy regarding debt and to provide a framework by which decisions will be made concerning the use and management of debt.
The debt policy provides a framework for
- managing Emory's credit rating
- optimizing Emory's debt portfolio
Emory's debt portfolio is managed to
- achieve the lowest risk-adjusted cost of capital on a portfolio basis
- preserve equity and access to capital