Moody's Revises Yeshiva University's Outlook to Stable; Affirms B3
New York, February 28, 2017-- Summary Rating Rationale. Moody's Investors Service has affirmed the B3 rating on $170 million of Yeshiva University's Series 2009 and 2011 A bonds and has revised the outlook to stable from negative. The revision of the outlook to stable is driven by a material increase in unrestricted cash and investments, significantly improving the university's liquidity position to allow more time for management to execute its plans to reach financially...
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