Yeshiva U.’s Credit Rating Downgraded by Moody’s as $380M Sex Abuse Suit Looms
For the third time in two years, Moody’s, the credit ratings service, has downgraded Yeshiva University’s debt, citing the school’s deep operating deficits, weak cash flow and uncertainty about a pending $380 million lawsuit filed against it. Just a few years ago, Moody’s gave Y.U. a healthy Aa3 credit rating. Moody’s latest report, released October…