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This story was originally posted on IdahoEdNews.org on Feb. 19, 2024. The $685 million University of Phoenix purchase could trigger a “multi-notch downgrade” in the University of Idaho’s bond rating,
The $685 million University of Phoenix purchase could trigger a “multi-notch downgrade” in the University of Idaho’s bond rating, according to a newly issued report.
The $685 million University of Phoenix purchase could trigger a “multi-notch downgrade” in the University of Idaho’s bond rating, according to a newly issued report.
The University of Phoenix purchase could trigger a “multi-notch downgrade” in the University of Idaho’s bond rating, Moody's said.
The University of Idaho now has an A1 bond rating. The proposed $685 million University of Phoenix purchase jeopardizes that high rating, analysts said last week.