Eye 3 Yellow 3d 2 new logo Philly_KYW_new Philly_94WIP_new CBS Sports Radio 610 Philly_WPHT_new

Financial Rating

(The main campus of Penn State University.)

Another Ratings Agency Downgrades Penn State’s Long-Term Financial Rating

Ratings agency Moody’s Investors Service downgraded Penn State University’s long-term rating to Aa2 from Aa1 because of the expected financial costs from pending lawsuits related to the Jerry Sandusky sex abuse scandal.

10/26/2012