Tuesday, March 26, 2024

U of A credit rating assessment downgraded to "negative" - Ellie Wolfe, Tucson.com

Despite previously rating the University of Arizona as “credit positive,” Moody’s Investors Service, a nationwide bond credit rating business, has changed its outlook on the school to “negative.” “The revision of the outlook to negative is driven by uncertainty around the pace of the university’s operating performance recovery following identification of a structural imbalance along with continued integration risk associated with the University of Arizona Global Campus,” the report from Moody’s, dated March 4, reads.