Education
Brown University’s Rating Outlook Lowered to Negative by Moody’s
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Brown University’s Rating Outlook Lowered to Negative by Moody’s Brown University had the outlook on its credit rating lowered to negative on Thursday by Moody’s Ratings, which cited expense pressures facing the institution. The company said the Providence, Rhode Island, university could be downgraded if it doesn’t show progress in improving its financial results. The Ivy League school is rated Aa1, the second-highest grade.
Brown University’s Rating Outlook Lowered to Negative by Moody’s
Brown University had the outlook on its credit rating lowered to negative on Thursday by Moody’s Ratings, which cited expense pressures facing the institution.
The company said the Providence, Rhode Island, university could be downgraded if it doesn’t show progress in improving its financial results. The Ivy League school is rated Aa1, the second-highest grade.