Comment on Problems at Alabama A&M lead to credit downgrade by Moody’s

Problems at Alabama A&M lead to credit downgrade by Moody’s

Moody's Investors Service has downgraded Alabama A&M's bond credit rating for the second time in two years as a result of problems with the school’s foundation. According to al.com, Moody's changed Alabama A&M's bond credit rating to Baa2 with a stable outlook from Baa1 with a negative outlook. The downgrade limits Alabama A&M's plans for improvements to campus facilities.

 

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