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
October 8-10, 2014Manchester Grand Hyatt, San Diego, CA
October 26-28, 2014Crowne Plaza Times Square, New York, NY
November 16-18, 2014Westin Arlington Gateway, Arlington, VA