Moody's downgrades to Ba3 Allentown Neighborhood Imp. Zone Dev. Auth., PA's Tax Revenue Bonds, Series 2017 & 2018; Baa3 rating for Series 2012 bonds affirmed; outlook stable
Moody's Investors Service has downgraded to Ba3 from Ba1 the ratings on Allentown Neighborhood Improvement Zone Development Authority (ANIZDA), PA's $210 million Tax Revenue Bonds Series 2017 and $100 million Series 2018 bonds. Moody's has also affirmed the Baa3 rating for ANIZDA's $224 million Tax...
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