TITLE

Moody's Drops Schenectady, N.Y., to Junk Bond Status

AUTHOR(S)
McKaig, Ryan
PUB. DATE
November 2002
SOURCE
Bond Buyer;11/13/2002, Vol. 342 Issue 31512, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Moody's Investors Service Inc. has downgraded Schenectady, New York to junk bond status and has also placed it under review for a possible further downgrade. Number of outstanding bonds that are affected by the action; Indications given by the downgradation; Implication of Moody's decision on the borrowing practices of the city.
ACCESSION #
8674238

 

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