New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s

Moody’s drops Chicago’s credit rating to ‘junk’. Chicago already is struggling with a 0 million structural budget deficit and the looming 0 million increase for payments to police and.

New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s – Destiny USA, owned by Pyramid Cos., issued bonds backed by payments in lieu of taxes by the developer in 2007 to expand its Carousel Center mall into a super-regional shopping and entertainment.

New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s. Fitch webinar: texas sb2 May impact local government Ratings – Now Available On Demand S&P: Texas Local Governments Could Face Budget Headwinds-And Credit Quality Strain-From Property Tax Reform

Kroll adds its AAA to Cook County sales tax paper. The county will sell $150 million of sales tax-backed paper, already rated AAA by S&P.

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Michigan is seeing its first major funding increase for higher education in more than a decade, and it’s thanks in part to a plan by businesses to improve the state’s workforce..

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 · U.S. municipal bond supply will fall to $5.66 billion next week from about $8.77 billion this week as the muni market will be shuttered on Monday for.

New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s Bloomberg. Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about $300 million of municipal bonds cut to junk by Moody’s.

Malls with a gross leasable area of 200,000 to 299,999 m 2 [ edit ] New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s – Destiny USA, owned by Pyramid Cos., issued bonds backed by payments in lieu of taxes by the developer in 2007 to expand its Carousel Center mall into a super-regional shopping and entertainment.

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