Moody's Investors Service revised its outlook to stable from negative and affirmed the Ba1 rating of Queens Ballpark Co. LLC, developer of the New York Mets' Citi Field.

The rating agency cited the recapitalization of the ballclub through the sale of minority interests worth $240 million, which Moody's said improves the Mets' ability to field a quality team. The Mets have not had a winning season since 2008.

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