TITLE

Moody's Displays Lower Confidence in 5 Charter Schools

AUTHOR(S)
Sigo, Shelly
PUB. DATE
July 2003
SOURCE
Bond Buyer;7/2/2003, Vol. 345 Issue 31669, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Informs that after observing five charter schools for two months ratings agency Moody's Investors Service Inc. on June 27, 2003 placed them on watch list for possible downgrade. Reasons for lower confidence of the ratings agency in these five schools; Highest ever ratings earned by Florida State University Schools Inc.; Ratings provided to Florida State University Schools Inc. by Standard & Poor's Corp. and Fitch Ratings Inc.; Revelation of noncompliance with U.S. Securities and Exchange Commission's disclosure requirements by the charter schools.
ACCESSION #
10242355

 

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