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August 1, 2012

Moody's Investors Service affirms ULM's strong credit rating

Despite facing unprecedented financial challenges, the University of Louisiana at Monroe maintains a strong credit standing, according to Moody’s Investors Service.

Bill Graves, Ph.D., Chief Business Officer at ULM, led a standard review of ULM’s financial standing with Moody’s Investors Service last week.

The last review was conducted in 2009. Today, Moody’s released the report, which indicates ULM’s outlook is “stable.”

Graves said, “This report is a positive sign for the university. Despite the state budget cuts we have received lately, Moody’s affirms we are financially stable. The A2 rating indicates a low credit risk regarding the ability of the entity to meet financial obligations. The report highlights ULM’s improved operating performance in FY 2011 and its healthy overall financial position.”

ULM President Dr. Nick J. Bruno said, "Moody's positive review speaks volumes about our efficient operations at ULM. I applaud the efforts of our university staff in making this possible."


According to the report, ULM’s rating reflects various strengths:

Also according to the report, ULM’s rating acknowledges various challenges:

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