TITLE

Standard & Poor's Moves Pittsburgh's 'BB' GO Rating to Its Watch List

AUTHOR(S)
O'Brien, Elizabeth
PUB. DATE
October 2004
SOURCE
Bond Buyer;10/29/2004, Vol. 350 Issue 32000, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the move of Standard &Poor's Corp. to place its BB rating on Pittsburgh's outstanding debt on CreditWatch. Importance of the approval of a financial recovery plan; Impact of the action on the general obligation bond of Pittsburgh; Removal of the positive outlook assigned by the agency to the city.
ACCESSION #
14911625

 

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