Fitch Affirms ‘A’ Rating on Webster University Bonds

| May 27, 2015

Fitch Ratings, a global leader in credit ratings and research, last week affirmed the “A” rating on approximately $62.5 million of revenue bonds issued on behalf of Webster University.

“The ‘A’ rating primarily reflects Webster’s diverse market position and various delivery models, largely positive operating history driving strong balance sheet resources, low debt burden and historically strong coverage levels,” a statement from Fitch said. The statement was issued on May 22.

The report concluded, “The prudent financial and capital planning exhibited by the management team has allowed the university to fund capital projects from the operating budget and has contributed to the maintenance of a moderately low debt burden,” adding: “Favorably, management conservatively budgets for depreciation and has set aside a contingency reserve.”

The full announcement can be found here. More information about the rating service can be found at www.fitchratings.com.

Category: Webster News

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