VALPARAISO — Moody’s Investors Service has assigned an A2 rating to Valparaiso University’s 2014 bond issuance with a stable outlook, which indicates low risk to investors.
The global credit rating, research and risk analysis firm has also affirmed Valpo’s A2 rating on outstanding debt, which, according to the report, reflects the University’s conservative financial management driving positive operations and generating sound debt service coverage.
Valpo’s A2 rating is at the median rating of more than 280 rated private colleges and universities. However, private university downgrades continue to outpace upgrades, with 17 private universities downgraded in 2013, as Valpo maintains A2 with stable outlook ratings.
