Impressed by the University’s strong financial profile, S&P Global Ratings announced on March 19 that its long-term rating of Adelphi’s outstanding revenue bonds remains A-.
Impressed by the University’s strong financial profile, S&P Global Ratings announced on March 19 that its long-term rating of Adelphi’s outstanding revenue bonds remains A-/Stable. In its rationale, the agency noted Adelphi’s second consecutive year of growth in full-time equivalents, stable student quality and retention, and low maximum annual debt service, all of which were key factors in determining our overall rating and outlook.