Dec. 14, 2017
Moody’s maintains negative outlook for California Western’s bonds
The investors’ service says the San Diego school is facing financial deficits
Moody’s Investors Service reaffirmed a negative outlook for California Western School of Law’s bonds due to the institution’s continuing “challenges in stabilizing operating performance.”
Moody’s wrote Monday that it was also affirming the bond rating that affects $9.2 million worth of the San Diego-based school’s debt. Last January, the service had downgraded the “Series 1998” bonds from Baa1 to Baa3 due to worse than projected oper...
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