Standard & Poor's lowered its rating on $700 million of Queens Ballpark bonds, used to build the New York Mets' Citi Field, one notch to BB partly because of concerns the team will continue to lose.
S&P Lowers Mets' Ballpark Bonds
Ask the Experts is an educational video series, hosted by The Bond Buyer and Municipal Finance Today, that features an engaging Q&A with commercial banking industry professionals. This series, sponsored by Bank of America Merrill Lynch, addresses today's most talked-about commercial banking topics, including emergency preparedness, fraud prevention, and creating financially and environmentally sustainable opportunities.
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