Fitch Affirms Marist College (NY) Revs at 'A'; Outlook Stable

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.

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Fitch Affirms Marist College (NY) Revs at 'A'; Outlook Stable

)--Fitch Ratings affirms its 'A' rating on outstanding bonds issued by the Dutchess County Local Development Corporation (LDC) on behalf of Marist College (Marist, or the college), including the following long-term ratings: --$32.955 million Dutchess ...

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