Providence's agreement with police unions for pension benefit reductions is a credit positive for Rhode Island's struggling capital city, according to Moody's.
Moody's: Providence Pension Deal a Positive
DEC 21, 2012 2:26pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
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.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY