S & P Downgrades Maine GOs to AA

D'Ambrosio, Jill
May 2004
Bond Buyer;5/28/2004, Vol. 348 Issue 31894, p4
Trade Publication
Reports on the negative ratings issued by the United States-based financial rating firm, Standard & Poor's Corp., on the general obligation bond of Maine. State's weak liquidity position; Plan of the state to sell annual general obligation bond; Anticipation for the Fitch Ratings decision on the state's municipal bonds; Historical background of the state's general funds.


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