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BRIEF-Moody's downgrades Hartford; outlook remains negative
October 7, 2016 / 9:52 PM / a year ago

BRIEF-Moody's downgrades Hartford; outlook remains negative

Oct 7 (Reuters) - Moody’s On City Of Hartford:

* Moody’s downgrades hartford, CT’s gos to BA2 from BAA1; outlook remains negative

* Outlook reflects expectation that city will remain challenged to restore,maintain fiscal stability given expected ramp up in expenditures

* Downgrade reflects challenges city faces in achieving structurally balanced operations, closing current year budget gap Source text for Eikon:

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