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Municipal Bond Credit Report: Near-certain default spurs downgrade of debt linked to fire-ravaged town - Website Lift Off

Website Lift Off

Municipal Bond Credit Report: Near-certain default spurs downgrade of debt linked to fire-ravaged town

Geoff Weitzel
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Municipal Bond Credit Report: With default seen as near certain, Moody’s Investors Service downgraded to Caa3 from B1 a pool of California pension obligation bonds of which the largest component is from Paradise, the town decimated by the Camp Fire…. Link to Story

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