New York Mets Baseball Stadium Bonds Reduced to Junk by S&P (Bloomberg)

Feb. 9 (Bloomberg) — The credit rating on $695.4 million of municipal debt issued to finance a new baseball stadium for the New York Mets was cut to junk by Standard & Poor’s because of losses suffered by an insurance company that provided a surety bond.

Here is the original:
New York Mets Baseball Stadium Bonds Reduced to Junk by S&P (Bloomberg)

Add to: