Massachusetts Turnpike Bonds Hit With Negative Outlook by Moody's

Peacock, Wayne
November 2001
Bond Buyer;11/16/2001, Vol. 338 Issue 31267, p5
Trade Publication
Reports that the rating agency Moody's Investors Service lowered the outlook on Massachusetts Turnpike Authority's metropolitan highway system revenue bonds to negative on November 15, 2001. Reason behind the change in outlook of the agency on the bonds; Role of attitude of the authority's board of directors to increase toll in negative outlook of Moody; Percentage drop in toll revenues for August 2001 as compared to 2000.


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