City converts all debt to private, risking credit rating, transparency
Columbus may lose its credit rating by the end of the month due to delayed disclosure of its Fiscal Year 2019 audit report, according to an Oct. 1 press release from Moody’s Investors Service, a rating agency that assesses the city’s borrowing credibility each year.
Mounting debt, deficit spending threaten to push city’s credit rating down again
The city of Columbus’ credit rating is tinkering on the brink of falling to the “moderate risk” category upon its next assessment, according to a spokesperson with Moody’s Investors Service — the corporation that sets the city’s credit rating.
Credit rater takes brighter view of Mississippi finances
One of the nation’s three main credit rating agencies is feeling a little more confident about Mississippi’s financial picture.
Analysis: Improved revenue a counterpoint to credit worries
Getting better or getting worse? That’s the question Mississippi leaders are debating after the third major credit rating agency warned last week that it was concerned about weakness in state finances and the overall economy.
Credit rater warns on Mississippi, citing economy and taxes
Another credit rating agency is warning that the financial outlook for Mississippi government finances is weakening.
Rating agencies to visit Jackson for state credit review
The nation’s three major credit rating agencies are making a visit to Jackson this month to review Mississippi’s credit strength for this year’s general obligation bond issue.
Moody’s: Miss. has negative credit outlook
The bond credit rating agency Moody’s Investor Service has given Mississippi a negative credit outlook because the state dipped into its rainy day fund to cover budget shortfalls, but the state’s bond rating remains unchanged.
Agency warns Mississippi about its bond rating
JACKSON — The Fitch credit rating agency has downgraded Mississippi’s bond rating outlook from stable to negative. The state’s bond rating remains AA+, only one
Agency puts U.S. credit rating on negative watch
WASHINGTON — The Fitch credit rating agency has warned that it is reviewing the U.S. government’s AAA credit rating for a possible downgrade, citing the
Navistar’s credit rating falls a notch
Credit ratings agency Standard & Poor’s on Friday cut the credit rating of truck and engine Navistar International Corp. by one notch, citing the poor second-quarter results it posted Monday.
2nd agency cuts Mississippi Power’s credit rating
Lower credit ratings may be causing Mississippi Power Co. to pay more to borrow money.
Moody’s Investors Service became the second credit rating agency to downgrade Mississippi Power last week, days before the unit of Atlanta-based Southern Co. returned to the bond market to borrow $200 million.
City contingent takes trip to New York to argue for bond rating
Our posse’s on Broadway. Or at least it was. A small contingent from Columbus was in New York City Monday and Tuesday to speak with Moody’s Investors Service and Standard & Poor’s financial services regarding Columbus’ credit rating.