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BloggersAisha Al-Muslim Jennifer Barrios Bill Bleyer Denise M. Bonilla Sophia Chang Tara Conry Carl Corry Erin Geismar Scott Eidler Mitch Freedman Mackenzie Issler Carl MacGowan Deborah S. Morris Ted Phillips Candice Ruud David Schwartz Nicholas Spangler Joshua Stewart Brittany Wait Patrick Whittle
Three Wall Street agencies have affirmed Suffolk’s credit rating but kept negative outlooks as the county prepares to sell $61.7 million in bonds.
Fitch Ratings retained its ‘A’ rating on the general obligation bonds for capital projects, which are to be sold today. Moody’s Investors Service kept its ‘A2’ rating, and Standard & Poor’s held its rating at A+.
The agencies had downgraded...Read more »
Moody’s Investors Services has downgraded the Bay Shore Union Free School District’s 2013 general obligation bonds from Aa2 to Aa3, the rating agency announced Friday, at the same time removing a negative rating outlook.
In a news release, Moody’s said the downgrade, and assignment of a Aa3 rating to the district’s $37.15 million School District Refunding Serial Bonds, reflects a “weakened...Read more »