Saturday, May 20, 2017

Wright State University Credit Rating Downgraded - APRIL LAISSLE, WYSO

Amid an ongoing budget crisis, Wright State University’s credit ranking has been downgraded. Moody’s Investors Services dropped the school’s rating from A2 to Baa2, signifying a “negative outlook.” The organization says the downgrade was prompted by Wright State’s deteriorating financial situation and significant operating deficits. The new rating could affect Wright State’s ability to secure loans for large projects, such as new construction.

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