Moody’s has now downgraded Hartford’s rating to an A-2.
The four major bond rating agencies have kept their existing ratings for the state of Connecticut.
Moody’s Investors Services has downgraded Connecticut’s general obligation bonds from the Aa2 rating it has held for 21 months to Aa3. Budget chief Ben Barnes lashed out — saying Moody’s took the action to detract attention from what he called the rating’s services “historic lack of credibility.”
UNCASVILLE, Conn. (AP) _ Moody’s Investors Service has placed the Mohegan Tribal Gaming Authority, operator of casinos in Connecticut and Pennsylvania, on review for a possible downgrade, citing concerns about its ability to reduce its […]