Moody’s put Penn State’s Aa1 rating of about $1 billion in bonds on review while it considers the reputational and financial risk arising from the [on campus sex abuse] situation.
Saturday, November 12, 2011
Penn State Bond Rating Downgrade Possible Due to Sex Abuse Scandal
From Bloomberg, "Penn State May Face Credit Downgrade" by John Hechinger and Heather Perlberg:
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