Moody's downgrades SFMTA's (CA) revenue bonds to Aa3; revises outlook to stable from negative
Moody's Investors Service has downgraded to Aa3 from Aa2 the rating on the San Francisco Municipal Transportation Agency, CA's (SFMTA's) outstanding revenue bonds and revised the outlook to stable from negative. SFMTA has around $470 million of revenue bonds outstanding. RATINGS RATIONALE The d...
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