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Moody's Drops Jefferson GOs to Caa1, Puts Negative Outlook on Sewer Debt

DALLAS - Moody's Investors Service has lowered its ratings on $270 million of Jefferson County, Ala.'s general obligation debt to Caa1 from B3. The agency also lowered to Caa2 from Caa1 the rating on $86.7 million in outstanding lease revenue warrants issued through the Jefferson County Public ...

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