Moody’s downgrades University’s bond credit rating, but outlook remains stable
May20

Moody’s downgrades University’s bond credit rating, but outlook remains stable

Seton Hall received its first credit rating downgrade in nearly 32 years from Moody’s Investors Service on Wednesday. According to records available via Moody’s website, the change marks the only downgrade on record for Seton Hall from the company since it began tracking the University’s fiscal health in 1998. Citing a “material increase in leverage that will constrain the University’s financial flexibility,” the bond credit rating...

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