Moody's Investors Service said it has downgraded to Baa1 from A3 the rating on Claremont Graduate University's outstanding 2008 Series A and 2007 Series A revenue bonds issued through the California Educational Facilities Authority.

The outlook is stable at the new rating level.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.