This is a reflection of Stetson’s financial strength and community stewardship of our academic, cultural and financial resources.
DELAND, Fla. (PRWEB) May 08, 2019
For the fifth time since 2010, Moody’s Investor Service is affirming Stetson University’s A3 rating and outlook as stable. Moody’s issued its annual outlook on Stetson University on Monday and affirmed Stetson University's A3 rating on Series 2015 revenue bonds issued through the Volusia County Educational Facility Authority.
“Stetson’s ‘A3 Stable’ investment grade rating from Moody’s was reaffirmed yesterday,” said Executive Vice President and CFO F. Robert “Bob” Huth. “This is a reflection of Stetson’s financial strength and community stewardship of our academic, cultural and financial resources.”
The A3 rating report issued by Moody’s Investor Service noted the university’s positive financial status, “healthy” donor and alumni support, regional academic reputation and endowment. The outlook offered by Moody’s was for “sustained” positive performance.
About Stetson University
Founded in 1883, Stetson University is the oldest private university in Central Florida. Stetson focuses on intense learning experiences in a supportive community that allows students to develop their voice in a connected, inclusive environment. Stetson University ranks No. 5 on U.S. News & World Report’s 2019 list of Best Regional Universities (South), and has been recognized as one of The Princeton Review’s 384 Best Colleges, 2019 edition. Stay connected with Stetson on social media.