Ratings Agency Downgrades Philadelphia Authorities' Bonds

April 5, 2012
| Share | Print

Fitch Ratings recently downgraded the following Philadelphia Housing Authority and the Redevelopment Authority of the City of Philadelphia capital fund bonds:

  • $85 million Philadelphia Housing Authority capital fund program (CFP) revenue bonds, series A of 2002—to AA- from AA; and

  • $65 million Redevelopment Authority of the City of Philadelphia capital fund program revenue bonds series B of 2002 and series C and D of 2003—to AA- from AA.

Full Article Access:

Full access to complete articles from Assisted Housing Management Insider is for subscribers only.

Not yet ready to subscribe?