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More good news for D.C.(News & Numbers)(District of Columbia bond ratings up)(Brief Article)
Mayor Anthony Williams and Chief Financial Officer Natwar Gandhi announced in June that Fitch Ratings and Standard and Poor's had upgraded their ratings of the District of Columbia's general obligation bonds to A- from BBB+.
"This is a crowning achievement for the District government," Williams said. "Even at a time when the nation as a whole is facing economic hardships and other jurisdictions are being downgraded or put on negative outlook, we have gained the confidence of Wall Street analysts. And we did it the old fashioned way--we earned it."
The rating upgrades are the latest development in the district's financial turnaround. In January, it announced its sixth consecutive budget surplus and a clean audit opinion on its first CAFR submitted under the ...
- Fitch Downgrades California GO Bonds to A-Minus.(Fitch Ratings )
- Magazine article from: Investment Dealers' Digest Saskal, Rich June 26, 2009 700+ words
...Byline: Rich Saskal SAN FRANCISCO - Fitch Ratings yesterday downgraded California's general obligation bonds to A-minus from A, as the state...ability to sell its long-term general obligation bonds." Chiang's plan called for issuing...
- Fitch Ratings Downgrades Michigan School Bonds.
- Press release article from: Business Wire December 14, 2004 700+ words
NEW YORK -- With the downgrade of the rating of Michigan's general obligation bonds, Fitch Ratings also lowers to 'AA' from 'AA+' the ratings of certain school district bonds qualified for participation in the Michigan School...
- Fitch Ratings Downgrades Maine's GOs to 'AA'.
- Press release article from: Business Wire May 27, 2005 700+ words
NEW YORK -- Fitch Ratings downgrades the state...outstanding general obligation bonds to 'AA' from...of Maine general obligation bonds, expected by negotiation...million pension obligation bonds to fund biennium...
- Fitch Ratings Upgrades $4.1B Oregon GOs to 'AA-'.
- Press release article from: Business Wire April 11, 2005 700+ words
NEW YORK -- Fitch Ratings upgrades $4.1...of Oregon general obligation bonds to 'AA-' from...issuance of pension obligation bonds. The court upheld...Oregon general obligation bonds; --Oregon school...
- Fitch Ratings Assigns 'AAA' To $312.8MM Maryland GO Bonds.
- Press release article from: Business Wire March 1, 2002 700+ words
...BUSINESS WIRE)--March 1, 2002 Fitch Ratings assigns an 'AAA' to Maryland's $312,825,000 general obligation bonds, for bids on March 6, and...billion outstanding general obligation bonds. The new bonds, state and...
- Fitch Ratings Lowers Michigan's $1.4B GOs to 'AA'.
- Press release article from: Business Wire December 14, 2004 700+ words
NEW YORK -- Fitch Ratings lowers the rating on the State of Michigan's general obligation bonds to 'AA' from 'AA+'. The action...Fitch: State of Michigan -- General obligation bonds. Michigan Municipal Bond Authority...
- Correction: Fitch Ratings Lowers Michigan's $1.4B GOs to 'AA'.
- Press release article from: Business Wire December 14, 2004 700+ words
...obligations in the first paragraph.) Fitch Ratings lowers the rating on the State of Michigan's general obligation bonds to 'AA' from 'AA+'. The...State of Michigan -- General obligation bonds. Michigan Municipal Bond Authority...
- Fitch Ratings Assigns Louisiana's $252.5MM GO Bonds 'A'.
- Press release article from: Business Wire February 6, 2002 700+ words
...WIRE)--Feb. 6, 2002 Fitch Ratings assigns the state of Louisiana...470,000 million general obligation bonds, series 2002A for bids Feb...1, 2012 at par. General obligation bonds, including the new issue...
Source: HighBeam Research, More good news for D.C.(News & Numbers)(District of Columbia bond...