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The Daily Star The Secretary General of the Association of Lebanese Banks, Makram Sader poses for a photo in his office in Beirut, Lebanon, Thursday, Dec. A leading Lebanese banker dismissed Wednesday any short-term effect from Moody's negative
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For now, interest rates are low and the city of Venice's bond rating is strong. So, if Venice voters want their city to move ahead with construction and maintenance projects it deferred because of funding shortfalls, Mayor John Holic thinks this may
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Moody's Investors Service said it downgraded the turnpike's senior lien revenue bond rating to A1 from Aa3 but at the same time changed the outlook for two categories of debt from negative to stable. The turnpike has borrowed heavily in recent years
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For the first time in history, Phenix City has been awarded a Standard & Poor's bond rating of AA-, city leaders announced Wednesday. "This is a big day for Phenix City," Mayor Eddie Lowe said, speaking to a room full of city employees and media. "
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Pikeville Medical Center recently received the highest short-term bond rating assigned by Moodys Investors Service (MIG 1) to finance the hospitals ongoing expansion an 11-story clinic and parking garage on the main campus. Proceeds from the current
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Evansville Mayor Lloyd Winnecke said Wednesday that Moody's Investors Service reaffirmed the Aa3 bond rating on the city Redevelopment Authority Lease Rental Revenue Bonds. Those bonds represent $122.4 million of debt owed on Ford Center construction.
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Southcoast¢ Health System announced that Moody's Investor Service has affirmed Southcoast Health System's bond ratings, assigning an A2 rating on $60 million of Series F (2013) bonds. Standard & Poor's Ratings Services assigned an A rating to
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Moody's Investors Service this week downgraded the borough's general obligation bond rating to A2 from A1. The A2 rating reflects the borough's modest tax base with average resident wealth levels, average debt profile, and narrowed finances that are
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Although its bond rating has not changed, Venice could find its future borrowing ability hampered because of a "negative outlook" it recently received from an agency that periodically monitors the city's fiscal health. Fitch Ratings continues to give
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The city's recent penchant for raiding its reserves to balance its budgets could lead to a lower bond rating, Moody's Investors Services warned this week, and that would mean higher interest rates on future city borrowing. Moody's issued a "negative
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