Moody's Investors Service has assigned an A2 rating to Valparaiso University's 2014 bond issuance with a stable outlook, which indicates low risk to investors. The global credit rating, research and risk analysis firm has also affirmed Valpo's A2 rating on outstanding debt, which, according to the report, reflects the University's conservative financial management driving positive operations and generating sound debt service coverage. "This rating is a positive indicator of Valparaiso University's strength, particularly at a time when higher education faces significant challenges," said John A. Palmucci Jr., senior vice president for finance and administration. "We're pleased Moody's believes investing in Valpo is a financially sound decision." Valpo's A2 rating is at the median rating of more than 280 rated private colleges and universities.