Moody's Ratings downgrades Mount Pleasant, TX's issuer and GOLT ratings to Baa1
Moody's Ratings (Moody's) has downgraded the City of Mount Pleasant, TX's issuer and general obligation limited tax (GOLT) ratings to Baa1 from A3. The city has roughly $105 million of outstanding GOLT debt. The downgrade of the issuer rating to Baa1 reflects the continued narrowing of the city's fi...
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