TITLE

Moody's Downgrades Bayonne, N.J., Citing Structural Imbalance, Liquidity

AUTHOR(S)
D'Ambrosio, Jill
PUB. DATE
July 2004
SOURCE
Bond Buyer;7/20/2004, Vol. 349 Issue 31929, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the move of Moody's Investors Service Inc. to lower the general obligation ratings of Bayonne, New Jersey. Detection of a structural imbalance in the city's operating budget; Concern of the agency on the tight liquidity and its narrow current fund balance; Need for the town to turn to cash flow borrowing.
ACCESSION #
13844754

 

Related Articles

  • Miami CRD Revs Raised to Baa1 by Moody's.  // Bond Buyer;6/26/2006, Vol. 356 Issue 32410, p2 

    The article reports that Moody's Investors Service Inc. has upgraded the rating on the Miami Community Redevelopment District's revenue bonds to Baa1 from Baa3 in Miami, Florida.

  • FLORIDA: Downgrade on Space Coast. Sigo, Shelly // Bond Buyer;7/23/2009, Vol. 369 Issue 33154, p9 

    The article reports on the rating assigned by Moody's Investors Service Inc. to the local option fuel tax bonds of Brevard County, Florida. The agency downgraded the county's fuel tax bonds to Baa1 from A3 on July 21, 2009. It also retained a negative outlook on $92 million of outstanding debt,...

  • Moody's Drops Antioch, III., GO Bonds to A2 From A1.  // Bond Buyer;8/8/2012, Vol. 381 Issue 33761, p2 

    The article offers information that Moody's Investors Service Inc. has downgraded its rating from A1 to A2 on the unlimited-tax general obligation debt of Antioch, California.

  • Rochester, N.Y., GOs Cut by Moody's.  // Bond Buyer;01/29/2001, Vol. 335 Issue 31065, p2 

    Focuses on the downgrading of Rochester, New York's outstanding general obligations bonds by Moody's Investors Service.

  • Oklahoma to Sell Bonds for Goodyear, Michelin Plants. Watts, Jim // Bond Buyer;8/30/2004, Vol. 349 Issue 31958, p38 

    Reports on the Oklahoma Development Finance Authority's sale of industrial revenue bonds designed specifically for tire manufacturers in the state. Schedule of a retail order period; Employers in Oklahoma that qualify for the bonds; Moody's Investors Service Inc.'s rating of the bonds.

  • Bond Bank Upgrade. Saskal, Rich // Bond Buyer;9/9/2005, Vol. 353 Issue 32214, p31 

    Reports that Moody's Investors Service Inc. has upgraded the general obligation debt of the Alaska Municipal Bond Bank from A2 to A1 in Alaska.

  • Tallahassee, Fla., Upgraded to Aa2 by Moody's.  // Bond Buyer;5/16/2014, Vol. 123 Issue F319, p1 

    The article reports that Moody's Investors Service has upgraded the rating on 46.7 million dollars city of Tallahassee, Florida, outstanding parity capital refunding bonds to Aa2 from Aa3. It states that Moody's assigned an Aa2 to the city's 40.4 million dollars capital bonds, Series 2014. It...

  • Chester Wins an Aa1. Whalen, Robert // Bond Buyer;2/28/2005, Vol. 351 Issue 32079, p41 

    The article informs that Moody's Investors Service Inc. has assigned its Aa1 rating to $93.4 million of Chester County general obligation unlimited tax pledge bonds due to come to market this week. It assigns a stable outlook for the Philadelphia-area County. The bond proceeds will finance...

  • Pittsburgh Plans $70M Refunding. Burton, Paul // Bondbuyer.com;10/16/2014, p33 

    The article reports on the plans of Pittsburgh in Pennsylvania to enter the market in October 2014 with a refunding of 70 million U.S. dollars in general obligation (GO) bonds in two series. Topics discussed include the allocation of the proceeds, the bond rating given by Moody's Investors...

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