Moody's Investors Service downgraded the town of Middletown, Del.'s $43.5 million of outstanding general obligation debt to A1 from Aa3, and assigned a negative outlook.
The bonds are secured by a unlimited-tax GO pledge.
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.
Have an account? Sign In