Moody's Investors Service said it has downgraded the city of Gulfport, Miss.'s underlying general obligation debt rating to A1 from Aa3.

The rating downgrade affects approximately $24.4 million in Moody's rated parity debt.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.