Moody’s Investors Service last week revised its outlook for Fordham University to stable from positive as the school plans to increase its borrowing more quickly in advance of expected fundraising and balance-sheet growth.

Moody’s assigns an A2 rating to $415 million of Fordham debt, which includes an upcoming new-money issuance of $150 million. The Dormitory Authority of the State of New York will be the conduit issuer.

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