Fiscally Mismanaged Florida College Suffers Fitch Downgrade

Sigo, Shelly
September 2000
Bond Buyer;09/12/2000, Vol. 333 Issue 30973, p28
Trade Publication
Reports that Fitch has downgraded the Saint Petersburg, Florida-based Eckerd College's $15 million of outstanding debt to BB-minus from BBB-minus. School's efforts to overcome financial difficulties created by the mismanagement of funds; Decline in the school's operating margins in fiscal 1999.


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