TITLE

Las Vegas Project Put on Moody's Watch List

AUTHOR(S)
Kelemen, Jasmina
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/29/2004, Vol. 350 Issue 32018, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the inclusion of Monorail's first lien bonds on the watch list of Moody's Investors Service for possible downgrade of its underlying Baa3 rating in Las Vegas, Nevada. Availabiltiy of contingency funds and cash balances for the project to pay operating expenses and debt service; Closure of the system due to mechanical problems; Issuance of the bonds through the Nevada Department of Business and Industry.
ACCESSION #
15220585

 

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