Standard & Poor's dropped its rating Tuesday to D on $25 million of lease-backed revenue debt issued in 2010 by a Minnesota city to finance a sports complex that it cut financial support to last year.
Payment Default Triggers Downgrade on Minnesota City's Sports Complex Bonds
FEB 26, 2013 5:45pm ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
May 1- 2, 2014Hyatt Regency, Baltimore, MD