Report
EUR 163.91 For Business Accounts Only

Moody's Ratings upgrades Successor Agency to the Bakersfield RDA, CA's 2009A bonds to A2 and 2009B bonds to A1

Moody's Ratings (Moody's) has upgraded the Successor Agency to the Bakersfield Redevelopment Agency, CA's 2009A tax allocation bonds (TABs) to A2 from Baa1 and 2009B TABs to A1 from A2. The agency has about $1.7 million in TABs outstanding. RATINGS RATIONALE The upgrade to A2 for the Series 2009...
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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

  • 130 countries
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    21,000 public finance issuers
    76,000 structured finance obligations



Credit ratings and research help investors analyze the credit risks associated with fixed-income securities. Such independent credit ratings and research also contribute to efficiencies in fixed-income markets and other obligations, such as insurance policies and derivative transactions, by providing credible and independent assessments of credit risk.



Moody’s default studies validate our predictive ratings. Our published research and investor briefings draw thousands of attendees each year and keep investors current with the rationale underlying our credit opinions. 

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