Moody’s changed the school’s financial outlook from “negative” to “stable.”
Yeshiva U.’s credit rating was slashed by a major agency for the third time in two years. Analysts called the $380 million sex abuse lawsuit a ‘significant fiscal’ issue.
Standard & Poor’s will leave Israel’s credit rating unchanged at A+, projecting its economy will remain stable.
Yeshiva University’s credit rating has been downgraded by a major ratings agency amid large and growing deficits, a falling endowment and fears of costly litigation stemming from recent allegations of sexual abuse at its high school.