Reuters logo
10 months ago
BRIEF-Moody's downgrades $1.3 bln of Philadelphia's outstanding service fee debt to A3
October 7, 2016 / 7:36 PM / 10 months ago

BRIEF-Moody's downgrades $1.3 bln of Philadelphia's outstanding service fee debt to A3

Oct 7 (Reuters) - Moody's:

* Moody's - Downgrades $1.3 billion of Philadelphia's outstanding service fee debt to A3; Confirms A2 on $875 million service fee/lease debt; Outlook negative

* Moody's On Philadelphia - The negative outlook on the bonds reflects the negative outlook on the city Source text for Eikon:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below