Moody's Investors Service has downgraded Southern University System's issuer rating to A3 from A2 and revenue bond rating to Baa1 from A3.

The rating action affects the system's Series 2006 bonds issued through the Louisiana Public Facilities Authority. The outlook is negative.

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.