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

Shields, Yvette
April 2006
Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p6
Trade Publication
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.


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