New York, May 14, 2012 -- Moody's Investors Service has downgraded the City of Wenatchee, Washington's unlimited tax general obligation rating to Ba2 from A3 and its limited tax rating to B2 from Baa2. $2.9 million of unlimited tax and $6.4 million of limited tax debt is affected. At this time, Moody's also places the city's ratings under review for possible further downgrade.
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