Sentences with phrase «above junk status»
The town's credit rating now is one step above junk status.
newsday.com
Standard and Poor's joined Moody's Investors Service in dropping Rockland County's credit rating level on Friday, June 29, putting the county at just above junk status.
On Friday, Moody's Investor Service cut the country's long - term debt rating to Baa2, only two grades above junk status, with a negative outlook.
Bowie bonds were eventually downgraded to one notch above junk status.
Town Supervisor Joseph Saladino faces several challenges, including credit ratings at or just above junk status, multimillion - dollar accumulated debt, a 2017 budget that includes an 11.5 percent tax levy increase to help restore the town's financial footing, and an investigation by the Securities and Exchange Commission.
Standard & Poor's on Jan. 25 cut Illinois» bond ratings one notch to A-minus, four notches above junk status.