BRADENTON, Fla. - Jefferson County, Ala., is taking issue with Standard & Poor's recent downgrade of some of its troubled sewer warrants to D from CCC because a principal payment date wasn't met April 1.

The rating action affected approximately $300 million of Series 2003B-2 through 2003B-7 sewer revenue refunding warrants with underlying ratings from Standard & Poor's

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.