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Moody's upgrades New Jersey City University's bonds, places ratings under review for further upgrade
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Moody's upgrades New Jersey City University's bonds, places ratings under review for further upgrade
Moody’s Ratings has upgraded New Jersey City University’s issuer and revenue bond ratings to Baa3 from Ba2 and placed the ratings under review for further upgrade. The outlook was previously positive. In May 2025, the ratings agency upgraded NJCU’s outlook to positive from stable, the first time Moody’s had ever given a positive outlook to the university. NJCU had $205 million of debt outstanding as of June 30, 2025. Moody’s said the upgrade of …
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