Moody's affirms Laureate CFR at B1, revises outlook to negative
Rating Action: Moody's affirms Laureate CFR at B1, revises outlook to negative. Global Credit Research- 29 Jun 2020. New York, June 29, 2020-- Moody's Investors Service, affirmed Laureate Education, Inc. Corporate Family Rating at B1 and revised its outlook to negative following the expansion of the coronavirus outbreak in the markets where company has its educational institutions.Laureate Education is engaged in providing higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The company's programs are provided through institutions that are campus-based and internet-based, or through electronically distributed educational programs. The company has five reportable segments: Brazil; Mexico; Andean; Rest of World; and Online and Partnerships. The company's Online and Partnerships segment principally consists of Walden University.
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