Reuters: Bankruptcy News: Moody's may raise rating of bankrupt Central Falls, R.I.

Reuters: Bankruptcy News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Moody's may raise rating of bankrupt Central Falls, R.I. Jun 29th 2012, 16:56 June 29 | Fri Jun 29, 2012 12:56pm EDT June 29 (Reuters) - Moody's Investors Service said on Friday that it may raise the credit rating on the bankrupt Rhode Island city of Central Falls, citing a likely near exit from bankruptcy. Moody's placed the city's $14 million of outstanding general obligation bonds, rated Caa1, on review for a possible upgrade. The agency also affirmed the Baa1 rating and assigned a stable outlook to the Rhode Island Health and Educational Building Corp.'s bonds, affecting $17 million in outstanding debt.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions