Moody's Investors Service revised its outlook on Milwaukee County's general airport revenue bonds to negative from stable due to recent declines in passenger levels at General Mitchell International Airport.
Moody's Negative on Milwaukee County's Mitchell Airport
NOV 13, 2012 4:30pm ET
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A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
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