Fitch Ratings affirms its 'A' rating on outstanding bonds issued by the Dutchess County Local Development Corporation on behalf of Marist College , including the following long-term ratings: STABLE CREDIT CHARACTERISTICS: Marist's consistently, positive operating results, solid balance sheet resources, and manageable debt burden underpin its 'A' rating. Counterbalancing factors include high revenue concentration, a highly competitive operating environment and high exposure to variable-rate debt and its related risks.
http://ift.tt/18Rouoe
http://ift.tt/18Rouoe
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