NEW YORK - Moody's Investors Service said it has placed the A3 rating of Arkansas City Public Building Commission, Kan., under review for possible downgrade, affecting $23.2 million in rated debt.
The watchlist action is prompted by the lack of sufficient current financial and operating information.
If the information is not obtained within the next 60 days, Moody's said it will take appropriate rating action which could include the withdrawal or lowering of the rating.