"Michigan State University's outstanding bond debt would increase 50 percent if it issues securities to pay for a $500 million settlement with 330 women and girls who were victims of serial s-x abuser Larry Nasser. Such a sale would push Michigan State's outstanding general-revenue debt to $1.5 billion from $1 billion, according to the university's most recent financial statement."
http://www.crainsdetroit.com/article/20180622/news01/664416/michigan-states-bond-debt-to-jump-because-of-nassar-case