TITLE

Two MassPike Swap Deals Could Hurt Credit Quality, Fitch Warns

AUTHOR(S)
McDonald, Michael
PUB. DATE
December 2002
SOURCE
Bond Buyer;12/20/2002, Vol. 342 Issue 31537, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the credit quality of the Massachusetts Turnpike Authority could be harmed by two interest-rate swap deals that it carried out to generate funds for the financially strained state authority. Reason why the authority's credit quality could deteriorate by the deals; Factors which led to the taking up of the transactions by the authority.
ACCESSION #
8909449

 

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