TITLE

Counties in the Crosshairs: Moody's Focusing on N.Y

AUTHOR(S)
McDonald, Michael
PUB. DATE
August 2003
SOURCE
Bond Buyer;8/27/2003, Vol. 345 Issue 31707, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that in a span of two days the investment advisory firm, Moody's Investor Service Inc., downgraded the credit ratings of three counties in New York state, following a series of credit actions on the state's counties that include other downgrades, a number of affirmations and some upgrades. Reasons cited for the downgrade in ratings; Counties affected by the downgrade; Significance of the downgrades; Significance of county debt in the state of New York; Financial challenges faced by the counties; Decline in credit qualities of municipalities.
ACCESSION #
10708215

 

Related Articles

  • A1 for Kittery. Cataldo, Adam L. // Bond Buyer;7/31/2006, Vol. 357 Issue 32434, p33 

    The article reports that Moody's Investors Service upgraded its bond and credit rating on the town of Kittery, Maine prior to the competitive sale of general obligation bonds. The ratings upgrade is attributed to fiscal management with strong reserves, a growing tax base, tax-exempt property,...

  • Moody's Sees More Tax-Backed Credit Upgrades Than Downgrades in '04. Vadum, Matthew // Bond Buyer;7/21/2004, Vol. 349 Issue 31930, p6 

    Reports on Moody's Investors Service Inc.'s release of a study showing improvements in the creditworthiness of local governments in the U.S. Tax-backed ratings for local government-issued bonds; Ratings upgrades issued by Moody's in the second quarter of 2004.

  • Moody's Restores Oyster Bay, N.Y. Rating, at Lowest Investment Grade. Coen, Andrew // Bond Buyer;1/26/2017, Vol. 1 Issue 34650, p1 

    Moody's Investors Service restored the Town of Oyster Bay's credit rating Tuesday at an investment grade, a year after the Wall Street firm removed the rating of New York's fourth largest township citing to a lack of audited financial statements.

  • Battery Charged Up. McDonald, Michael // Bond Buyer;9/22/2003, Vol. 345 Issue 31724, p37 

    Reports on the ratings allocated by Moody's Investors Service for the new-money and refunding deal of Battery Park City Authority in New York. Provision of fixed-rate portion; Reflection of resolution backing the debt; Increase of pledged revenues from residential towers.

  • Moody's Drops Cicero, N.Y., to Baa 1. McDonald, Michael // Bond Buyer;10/30/2003, Vol. 346 Issue 31751, p2 

    Reports on Moody's Investor Service's downgrading of the central New York town of Cicero to Baa1 from A3.

  • Moody's Drops Chicago GOs to Aa3 Over Budget, Reserve Woes. Shields, Yvette // Bond Buyer;8/9/2010, Vol. 373 Issue 33363, p3 

    The article reports on the negative rating given by Moody's Investors Service Inc. to the general obligation credit of Chicago, Illinois.

  • Whitefish Bay Sinks. Shields, Yvette // Bond Buyer;8/18/2010, Vol. 373 Issue 33368, p9 

    The article reports that credit rating agency Moody's Investors Service Inc. downgraded the ratings of Whitefish Bay School Districts credit rating from Aa2 to Aa3 attributed to its decision to renege its moral obligation pledge in Wisconsin.

  • Liberty Central Schools Raised to A1 by Moody's.  // Bond Buyer;12/14/2010, Vol. 374 Issue 33432, p2 

    The article reports that the A1 general rating of the Liberty Central School District has been upgraded to A2 by Moody's Investors Service Inc. which affected 4.68 million dollars of outstanding long-term debt in New York.

  • New London-Spicer SD Cut to A2 by Moody's.  // Bond Buyer;12/14/2010, Vol. 374 Issue 33432, p2 

    The article reports that the A2 rating of New London-Spicer School District 345 in Minnesota has been downgraded to A1 by Moody's Investors Service Inc. which created an impact on the district's 12.1 million dollars of outstanding long-term general obligation debt.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics