Standard & Poor's Ratings Services said it lowered its rating on San Bernardino, Calif.'s series 1997A lease revenue refunding bonds to CC from BBB-plus.
In addition, Standard & Poor's placed the rating on CreditWatch with negative implications.
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