Fitch Puts Las Vegas Monorail on Negative Watch After Shutdown

Kelemen, Jasmina
September 2004
Bond Buyer;9/13/2004, Vol. 349 Issue 31967, p44
Trade Publication
Reports on the negative rating for first-tier bonds of Las Vegas Monorail by Fitch Ratings in Nevada. Result of the indefinite shutdown the transit system following a mechanical glitch; Reflection of an equipment problem on two separate occasions; Impact of the downgrade on the expansion plan for the railway.


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