Moravian College, PA, 2016 General Revenue Bonds Rated 'BBB+'; Other Ratings Affirmed - S&P Global Ratings’ Credit Research

Moravian College, PA, 2016 General Revenue Bonds Rated 'BBB+'; Other Ratings Affirmed

Moravian College, PA, 2016 General Revenue Bonds Rated 'BBB+'; Other Ratings Affirmed - S&P Global Ratings’ Credit Research
Moravian College, PA, 2016 General Revenue Bonds Rated 'BBB+'; Other Ratings Affirmed
Published Jan 08, 2016
Published Jan 08, 2016
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Abstract:

NEW YORK (Standard&Poor's) Jan. 8, 2016--Standard&Poor's Ratings Services has assigned its 'BBB+' rating on Northampton County General Purpose Authority, Pa.'s $31.3 million series 2016 college general revenue bonds, issued for Moravian College. At the same time, Standard&Poor's affirmed its 'BBB+' rating on the authority's series 2012 and 2013 bonds issued for the college and its 'BBB+' issuer credit rating on Moravian. The outlook is stable. "We assessed Moravian's enterprise profile as strong, with recent improvement in enrollment," said Standard&Poor's credit Laura Kuffler-Macdonald. We assessed Moravian's financial profile as adequate, with improving operating margins after incurring operating deficits and available resources in line with 'BBB' peers. Combined, we believe these credit factors lead

  
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MLA:
S&P Global Ratings’ Credit Research. "Moravian College, PA, 2016 General Revenue Bonds Rated 'BBB+'; Other Ratings Affirmed" Jan 08, 2016. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Moravian-College-PA-2016-General-Revenue-Bonds-Rated-BBB-Other-Ratings-Affirmed-1559735>
  
APA:
S&P Global Ratings’ Credit Research. (). Moravian College, PA, 2016 General Revenue Bonds Rated 'BBB+'; Other Ratings Affirmed Jan 08, 2016. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Moravian-College-PA-2016-General-Revenue-Bonds-Rated-BBB-Other-Ratings-Affirmed-1559735>
  
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