TITLE

Fitch Lowers $89 Million of Texas County's Detention Center Debt

AUTHOR(S)
Albanses, Elizabeth
PUB. DATE
September 2003
SOURCE
Bond Buyer;9/5/2003, Vol. 345 Issue 31713, p37
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that ratings agency Fitch Ratings Inc. lowered the rating of $89 million of taxable certificates of participation issued by Reeves County, Texas from BBB-minus to BB. Reasons for downgrading the ratings of the certificates of participation; Information on the approach adopted by another ratings agency Standard & Poor's Corp.; Details of financial instruments of Reeves County that are affected by the lowering of the ratings.
ACCESSION #
10793510

 

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