Moody's Investors Service said it has downgraded the city of North Las Vegas, Nev.'s general obligation limited tax bond rating to Ba1 from Baa2 and revised the rating outlook to stable.

The bonds are secured by the city's full faith and credit pledge, subject to Nevada's statutory and constitutional limitations on overlapping levy rates for ad valorem taxes.

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.