New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s

NEW YORK (Reuters) — Moody’s Investors Service on Tuesday cut General Motors’ debt ratings to a step above junk status, citing the company’s formidable problems. At the same time, Moody’s said it.

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Nearly $300 million of municipal debt sold 12 years ago to expand Central New York’s Destiny usa shopping mall were dropped to junk-leavel Ba2 by Moody’s Investors Service. The Bond Buyer June 17 at 7:18 AM

Moody’s Downgrades Payless’ CFR and term loan ratings; outlook changed to Negative. 12 feb 2016 Approximately $665 million of debt affected New York, February 12, 2016 — Moody’s Investors Service ("Moody’s") downgraded Payless Inc.’s ("Payless") Corporate Family Rating ("CFR") to B3 from B2.

New York Mall’s $300 Million Muni Bonds Cut to Junk by Moody’s Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about $300 million of municipal bonds cut to junk by Moody’s Investors Service, which said shrinking profits may hinder its ability to meet the terms of a real estate loan.

Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about $300 million of municipal bonds cut to junk by Moody’s Investors Service, which said shrinking profits may hinder its ability to meet the terms of a real estate loan.Moody’s cut.

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Stock analysis for Moody’s Corp (MCO:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.. N.Y. Mall’s $300 Million Muni Bonds Cut to.

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(Bloomberg) — Syracuse, New York’s Destiny USA, one of the largest malls in the U.S., had the ratings on about $300 million of municipal bonds cut to junk by Moody’s Investors Service, which.