Moody's Re-affirms Muhlenberg College's Long Term Bond Rating
ALLENTOWN, PA (October 1, 2012) – Moody’s Investors Service has re-affirmed Muhlenberg College’s bond rating, in a year where many other college and universities across the country were downgraded. The College has now maintained an A1 rating with Moody's since January of 2002.
According to Moody’s, the A1 rating reflects Muhlenberg’s robust operating performance, strong financial resources, and solid liquidity. Moody's expects continued strength in operating results from Muhlenberg in future years. The college has demonstrated superior fiscal management with consistently robust operating margins well above the A-rated peers.
Founded in 1848, Muhlenberg College is a private, highly selective, liberal arts college affiliated with the Evangelical Lutheran Church in America.