Business & Tech
Moody’s Gives Latest Update For Seton Hall University
Seton Hall University has received its latest bond update from Moody's Ratings, and it is good news, administrators say.
SOUTH ORANGE, NJ — Seton Hall University has received its latest update from Moody’s Ratings, and it is good news, administrators say.
Moody’s recently affirmed the university’s Baa1 issuer and revenue bond ratings, maintaining a “stable outlook.”
According to a news release, Moody’s cited several key factors contributing to the affirmation, including Seton Hall’s solid wealth and liquidity, its strong brand as a premier Catholic university and its consistently positive operating performance.
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The university has successfully maintained an average EBIDA margin of 13 percent from fiscal years 2020 through 2024, reflecting disciplined financial oversight and revenue growth through strategic investments in academic programs and facilities.
The rating agency also stated that enhanced liquidity, increased donor support and continued financial discipline could contribute to future upgrades.
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“Given the overall higher education economic environment, we are pleased with their rating,” interim vice president for finance and chief financial officer Edward Bishof Sr. said.
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