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Fitch Affirms La Salle University's (PA) Rev Bonds at 'BBB+'; Outlook Negative

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the 'BBB+' rating on approximately $135.1 million of fixed-rate revenue bonds issued by the Pennsylvania Higher Education Facilities Authority on behalf of La Salle University (La Salle, or the university). The Rating Outlook remains Negative. SECURITY Revenue bonds are an unsecured, general obligation of the university. KEY RATING DRIVERS PERSISTENT ENROLLMENT PRESSURES: Maintaining La Salle's Negative Outlook reflects falling enrollment le

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