Moody's Lowers N.Y. Village After Deficit Bond Approved

McDonald, Michael
June 2004
Bond Buyer;6/9/2004, Vol. 348 Issue 31901, p36
Trade Publication
Reports that Moody's Investors Service Inc. has lowered the credit rating of Endicott, New York to Baa3, affecting more than ten million dollars in debt. Plan of the Endicott to sell deficit bonds; Reasons cited by Moody's for downgrading Endicott's bonds; Permission granted by Governor George Pataki for the village to sell deficit bonds.


Related Articles

  • MISSOURI: Upgrade Me in St. Louis. Shields, Yvette // Bond Buyer;6/4/2008, Vol. 364 Issue 32892, p8 

    The article reports on the upgrade made by Moody's Investors Service Inc. to Saint Louis' general obligation credit from A3 to A2 in Missouri. The upgrade was ahead of the city's sale of $44 million of new money leasehold revenue bonds. The rating agency attributed the upgrades to the city's...

  • MINNESOTA: Watershed Rating Moment. Shields, Yvette // Bond Buyer;11/15/2006, Vol. 358 Issue 32509, p39 

    The article reports that the Prior Lake-Spring Lake Watershed District in Minnesota has been assigned a first-time rating of A1 by Moody's Investors Service. The district is preparing to sell about $1.7 million of tax-supported bonds to finance improvements to the Prior Lake Outlet and Channel....

  • Holy Cross Raised. Shields, Yvette // Bond Buyer;3/22/2006, Vol. 355 Issue 32344, p35 

    The article reports on Moody's Investors Service's revision of the outlook of Chicago, Illinois-based Holy Cross Hospitals B2 credit from negative to positive. 21 million dollars of outstanding debt issued in 1994 has been affected by the revised outlook.

  • VIRGINIA. Sigo, Shelly // Bond Buyer;6/28/2007, Vol. 360 Issue 32660, p9 

    The article reports on the move of Moody's Investors Service Inc. to upgrade the rating of the $62.7 million of the existing general obligation debt of Princé George County, Virginia. The county's existing A2 rating has been upgraded to A1 due to the growth of its tax base, the improve...

  • Dallas Loses Moody's Aaa After Winning Record Bond Approval. Williamson, Richard // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. downgraded Dallas, Texas to Aa1 a month after voters approved a record $579 million bond program. The downgrade, which directly affects a $36 million sale of certificates of obligation sale on June 27, 2003, will also apply to future general...

  • Moody's Downgrades Minnesota. Shields, Yvette // Bond Buyer;6/17/2003, Vol. 344 Issue 31658, p1 

    Moody's Investors Service Inc. downgraded Minnesota's rating to Aa1 with a stable outlook from Aaa and took the state off negative watch list. The downgrade impacts roughly $3 billion of outstanding general obligation (GO) bonds, $5.2 billion of school district bonds issued under...

  • Rankin Files Upgrade. Sigo, Shelly // Bond Buyer;3/17/2005, Vol. 351 Issue 32092, p31 

    Reports that Moody's Investors Service Inc. has upgraded Rankin County's general obligation bond rating to Aa3 from A1in Mississippi.

  • Memphis Sports Authority's Rating Cut to A1 by Moody's. DeSue, Tedra // Bond Buyer;3/14/2006, Vol. 355 Issue 32338, p31 

    The article reports that Moody's Investors Service has downgraded the Memphis and Shelby County Sports authority to A1 from Aa3 due to continuing financial challenges for the city. Sufficient funds is needed to replenish draws on the authority's debt service reserve fund to avoid defaults. The...

  • Moody's: Provisional Al to New Hampshire Turnpike.  // Bond Buyer;7/25/2011, Vol. 377 Issue 33554, p2 

    The article reports that Moody's Investors Service Inc. has assigned a provisional A1 designation, which will be removed in January 2012, to Series 2012 delayed delivery bonds of the New Hampshire Turnpike.


Read the Article


Sign out of this library

Other Topics