S&P Lowers Bucks County, Pa., Ahead of POB Sale

Cataldo, Adam L.
November 2004
Bond Buyer;11/29/2004, Vol. 350 Issue 32018, p7
Trade Publication
Reports on the rating given by Standard and Poor's to Bucks County ahead of the county's sale of pension obligation bonds in Pennsylvannia. Effect of the downgrade on the county debt; Basis of the downgrade on further deterioration in financial performance and position over the past four fiscal year; Decline of the unreserved general fund balance.


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