Municipal Bond Credit Report: Faculty strike underscores credit stress at Wright State University

Municipal Bond Credit Report: Ohio’s Wright State University is entering week two of a faculty strike. Moody’s Investors Service downgraded the school three notches to Baa2 last May and assigned a negative outlook. The rating agency said at the time that a failure to resolve the contract dispute could have an impact on ratings and the school’s already declining enrollment. The school has roughly $68 million in outstanding debt…. Link to Story