Steel City's BBB Deal

Whalen, Robert
May 2006
Bond Buyer;5/8/2006, Vol. 356 Issue 32376, p37
Trade Publication
This article reports that Pittsburgh, Pennsylvania's general obligation municipal bonds received a BBB credit rating from Fitch Ratings. The rating and an outlook of "stable" also apply to outstanding general obligation debt of $766 million. Fitch cited the city's improved finances due to assistance from two oversight panels and changes in the tax structure.


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