Moody's Investors Service said it placed the Caa1 rating of Dowling College, N.Y., on review for possible downgrade.

The rating action impacts $14.2 million of rated debt (Series 1996 and Series 2002 bonds). The Series 2002 bonds were issued through the town of Brookhaven Industrial Development Agency, and the Series 1996 bonds were issued through the Suffolk County Industrial Development Agency.

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