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.
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Saturday, November 12, 2011
Penn State Bond Rating Downgrade Possible Due to Sex Abuse Scandal
Posted By Milton Recht
From Bloomberg, "Penn State May Face Credit Downgrade" by John Hechinger and Heather Perlberg:
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