TITLE

Moody's Affirms Junk Rating on $98M of St. Louis Hotel Bonds

AUTHOR(S)
Shields, Yvette
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the junk bond rating of Saint Louis Convention Center in Illinois. Moody's Investors Service Inc. substantiated its low rating of the Saint Louis hotel bonds amounting to 98 million dollars. The institution experienced financial trouble, and analysts suggest a judicial restructuring to meet its principal obligation and balance its cash flows.
ACCESSION #
20652110

 

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