Kentucky EDFA on Moody's Watchlist for Downgrade
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Wednesday, December 14, 2011 |
Moody's Investors Service said it has placed on watchlist for possible downgrade the underlying Baa3 rating of the Series 2008A and 2008B project revenue bonds for Kentucky Economic Development Finance Authority's (KEDFA) Louisville Arena Authority (LAA), affecting approximately $348.9 million of outstanding rated debt.
