Fitch downgrades IBJ; municipal LOCs affected

Kruger, Daniel
November 1997
Bond Buyer;11/17/97, Vol. 322 Issue 30274, p44
Trade Publication
Reports on Fitch Investors Service's downgrade of several municipal bond issues in the United States which used a letter of credit from the Industrial Bank of Japan after it was downgraded on November 13, 1997 to A-plus and F-1 from AA-minus and F-1-plus. Reason for the downgrades; Issues affected.


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