(Corrects Phoenix’s Moody’s rating to Aa1 in 17th paragraph.) Oct. 2 (Bloomberg) — State and local governments sold the most long-term taxable debt in six weeks, led by New York City and the Los Angeles Unified School District, with their first issues under the Build America Bonds stimulus program.
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Lithuania’s Debt Ratings Cut by Moody’s on Recession (Update3) (Bloomberg)
Sept. 29 (Bloomberg) — Lithuania, mired in the European Union’s deepest recession , had its foreign and local-currency debt ratings cut by Moody’s, which cited “severe pressure” on the budget.
Moody’s May Cut Bank Hybrid Debt on Lack of Support (Update2) (Bloomberg)
June 17 (Bloomberg) — Moody’s Investors Service wants to abandon its assumption that bank capital securities would benefit from government support, which would lead to credit rating cuts on the debt.
Fitch and Moody’s cut R.H. Donnelley debt ratings (AP via Yahoo! Finance)
Fitch Ratings and Moody’s Investors Service said Friday they have downgraded their debt ratings on yellow pages publisher R.H. Donnelley Corp., which filed for bankruptcy court protection earlier this week.
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