UPDATE 1-Moody' s downgrades Chicago' s GO ranking to Baa1 over pension check woes
Moody' h also downgraded the city' s water and sewer senior lien revenue relationship ratings to A2 through A1, and water plus sewer second lien income bond ratings to A3 from A2, affecting dollar 3. 3 billion associated with debt. The outlook on the lowered ratings is unfavorable, Moody…
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UPDATE 1-Puerto Rico bond sale likely next week-source
" I am assured that this bond offering, along with amendments to the budget plus our strategies to promote work creation and industrial advancement, will take Puerto Rico forward in a stronger fashion, " Puerto Rico Governor Alejandro Garcia Padilla said…
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Credit Swaps Fall because Ukraine Tensions Ease; Viacom Plans Bonds
A measure of U. S. corporate credit score risk approached a two-month low as comments simply by Russian President Vladimir Putin signaled the crisis within Ukraine won' t instantly escalate. Viacom Inc. (VIAB) is planning a $ 1 . 4 billion bond purchase. The Markit CDX North …
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