SAN FRANCISCO (S&P Global Ratings) Feb. 4, 2021--S&P Global Ratings revised its outlook to stable from negative and affirmed its 'BBB+' issuer credit rating (ICR) on Moravian College, Pa. S&P Global Ratings also revised its outlook to stable from negative and affirmed its 'BBB+' long-term rating on Northampton County General Purpose Authority, Pa.'s series 2012, 2013, and 2016 college general revenue bonds, issued for Moravian College. "The outlook revision reflects Moravian's continued trend of full-time-equivalent enrollment growth, including during the COVID-19 pandemic, and our expectation that enrollment growth will continue," said S&P Global Ratings credit analyst Phillip Pena. "The outlook revision also reflects our view of a return to positive operating results during fiscal 2020 after several years of full-accrual
