(Press release) Moody's Investors Service has assigned Aaa ratings to the University of Virginia's proposed roughly $136 million General Revenue Pledge and Refunding Bonds, Series 2021A and $264 million General Revenue Pledge Bonds, Series 2021B (Federally Taxable). The bonds will be issued by The Rector and Visitors of the University of Virginia. The expected maturity of the series is in 2051. Moody's maintains Aaa and P-1 ratings on the university's prior debt. The university and its supporting organizations had total debt of $2.7 billion at the end of fiscal 2020. The outlook is stable.