LadyStanley
Registered User
Today, I've seen two articles issuing a "rating negative watch" of the credit rating for newer facilities: Pepsi Center and Staples Center.
This after hearing weeks ago that one credit reporting agency would consider lowering the organization's rating based on the status of the season.
http://denver.bizjournals.com/denver/stories/2005/03/07/daily3.html?jst=b_ln_hl
http://home.businesswire.com/portal...d=news_view&newsId=20050307005977&newsLang=en
Wonder how many (more) facilities/organizations will be added to the "watch" list. (And a what point one might consider them to be "junk" bonds, if ever.)
This after hearing weeks ago that one credit reporting agency would consider lowering the organization's rating based on the status of the season.
http://denver.bizjournals.com/denver/stories/2005/03/07/daily3.html?jst=b_ln_hl
http://home.businesswire.com/portal...d=news_view&newsId=20050307005977&newsLang=en
Wonder how many (more) facilities/organizations will be added to the "watch" list. (And a what point one might consider them to be "junk" bonds, if ever.)