Fitch Ratings last week downgraded its rating to BBB-minus from BBB-plus on three series of tax-increment financing bonds issued for Detroits downtown business district. The Detroit Downtown Development Authority issued the debt in 1998. The outlook remains negative.
Detroit TIF Takes a Hit
NOV 30, 2010 6:08pm ET
Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
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