He said all three bond-rating agencies
pointed to the city's robust revitalization progress and diverse tax base.
Reform of the bond-rating agencies
has been discussed in previous issues of Regulation.
The manual includes a glossary, and an appendix provides information on general requirements of bond-rating agencies
If nothing is done and the government just takes the position that this is an accounting issue, bond-rating agencies
may not agree with this position and view this as an inherent problem.
May be inaccessible if bond-rating agencies
threaten to lower the state's bond rating if the fund is touched.
In his letter to the City Council, Comrie warned that the city's bond-rating agencies
are likely to downgrade Los Angeles' credit rating if debt payments exceed 10 percent of revenue.
Not at all, argue the authors of a new Stanford Graduate School of Business study, who say that "certified" bond-rating agencies
such as Moody's and Standard & Poor's serve a highly specialized institutional clientele with needs that are markedly different from those of other investors.
He said the bond-rating agencies
cited the transfer of the former city-owned Worcester Regional Airport to the Massachusetts Port Authority, the commencement of demolition and construction work for the $563 million CitySquare redevelopment project, and progress the city has made toward building its reserve levels as key factors to their decisions.
S&P, one of the three major bond-rating agencies
, left unchanged its relatively low evaluations of the county's outstanding debt.
Founded in 1991, CSW serves mortgage banks, consumer home loan companies, mortgage insurers, mortgage servicers, investment banks and bond-rating agencies