Moody's Investors Service said it has downgraded to Baa2 from Baa1 the rating on lease revenue bonds Series 2012 and to Baa2 from A3 the rating on pension obligation bonds, 2005 Series A, Series B of Inglewood, Calif.
Inglewood, Calif., Revs, POBs Cut to Baa2 by Moody's
DEC 14, 2012 2:54pm ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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