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Orange County upgraded by Standard & Poor. (News Briefs).(Brief Article)
Seven years after the largest municipal bankruptcy in history, Orange County, California's financial progress was underscored in April by an upgrade from Standard & Poor's. The agency upgraded the county's issuer credit rating from A to A-plus in advance of an $82 million refunding--the largest deal since a $1.6 billion investment pool loss forced the county into bankruptcy in 1994. The upgrade brings Standard & Poor's Orange County rating closer ...
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Source: HighBeam Research, Orange County upgraded by Standard & Poor. (News Briefs).(Brief...