Posts Tagged ‘Fitch’

MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job

A back injury that prevented Carl Newman from entering the Phoenix police academy four decades ago led Newman to pursue a career that has him slated to become CEO of the Jackson Municipal Airport Authority on Jan. 2. Newman, 59, will take over running Jackson’s Medgar Wiley Evers International Airport and other Jackson Municipal Airport […] [...]

Fitch gives state ‘negative’ bond rating; has problems with PERS

by Published: November 6,2013

Tags: bond, credit, credit rating, debt, Fitch, PERS, State of Mississippi

JACKSON — The Fitch credit rating agency has downgraded Mississippi’s bond rating outlook from stable to negative. The state’s bond rating remains AA+, only one notch below the highest AAA level, but the agency warns the rating could be lowered unless officials take steps to shore up finances. A lower bond rating would make it […] [...]

Fitch rates Forrest Health ‘A'; outlook is negative

HATTIESBURG — Fitch Ratings has affirmed the ‘A’ rating on Forrest Health, Miss.’s (FH) outstanding debt, listed at the end of this release. The Rating Outlook remains “negative.” SECURITY Debt payments are secured by a pledge of the gross revenues of the obligated group. KEY RATING DRIVERS WEAK OPERATING PERFORMANCE: The maintenance of the Negative […] [...]

Fitch withdraws city’s rating coverage

PEARL — As part of its continuous surveillance efforts, Fitch Ratings withdraws its ‘BBB-‘ rating on the city of Pearl, Mississippi’s (the city) $1.355 million in outstanding tax increment limited obligation refunding and improvement bonds (Airport Metroplex Project), series 2002. Fitch said it made the move “due to lack of ongoing disclosure.” Fitch said it […] [...]

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