Home » Tag Archives: bond rating

Tag Archives: bond rating

Flaggs wants to see city restore its bond rating

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,” he said. “You don’t want ...

Read More »

Moody's downgrades city's bond rating

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 A2 remains an excellent score. ...

Read More »

Fitch rates higher ed construction bonds

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 million in outstanding University of ...

Read More »