NEW YORK (Standard&Poor's) Dec. 7, 2012--Standard&Poor's Ratings Services assigned its 'A-' rating and stable outlook to Northampton County General Purpose Authority's $14 million series 2012B college general revenue bonds, issued for Moravian College in Bethlehem, and affirmed its 'A-' rating, with a stable outlook, on the authority's series 2012 college revenue bonds, issued for Moravian. At the same time, the rating service affirmed its 'A-' issuer credit rating (ICR), with a stable outlook, on Moravian College. "We believe that during the next 18-24 months, Moravian will likely stabilize enrollment while attempting to enhance demand, maintain expendable financial resource ratios relative to debt at current levels, and generate positive full-accrual operating surpluses," said Standard&Poor's credit
