Moody’s Investors Service cut its ratings on Long Island Power Authority citing the impact of Hurricane Sandy.
The rating on LIPA’sfirst lien revenue bonds was lowered to Baa1 from A3, Moody’s said Wednesday afternoon.
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