Posts Tagged ‘bond rating’

Flaggs wants to see city restore its bond rating

by Associated Press Published: January 6,2014

Tags: bond, bond rating, city government, city of Vicksburg, credit, debt, finance, George Flaggs Jr., mayor

VICKSBURG — Mayor George Flaggs Jr. has said several times since taking office he wanted to get Vicksburg’s bond rating restored in January. He now says city officials may wait a bit longer. “Even though I think we’re ready, I’m told that you do not want to apply unless you are ready to borrow money,” […] [...]

Moody’s downgrades city’s bond rating

by Associated Press Published: March 7,2013

Tags: bond, bond rating, borrow, city, debt, finance, loan, municipal, municipality

NATCHEZ — The City of Natchez has received a slight downgrade to its bond rating. The Natchez Democrat reports the Moody’s Investors Service downgraded the city’s general obligation bond rating from A1 to A2. City financial adviser Demery Grubbs said the move should have no effect on the city’s capacity to borrow money. He said […] [...]

Fitch rates higher ed construction bonds

by For the MBJ Published: July 1,2011

Tags: bond rating, bonds, construction, education, higher education, state government

JACKSON — Fitch Ratings has assigned an “AA” rating to the $55.365-million revenue bonds, series 2011 (Residence Hall Constructions and Refunding Project) issued by the Mississippi State University (MSU) Educational Building Corporation (EBC). At the same time Fitch affirmed the “AA” rating for the approximately $155 million in outstanding MSU EBC bonds and approximately $125 […] [...]

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