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BRIEF-Moody's downgrades $1.3 bln of Philadelphia's outstanding service fee debt to A3
October 7, 2016 / 7:36 PM / a year ago

BRIEF-Moody's downgrades $1.3 bln of Philadelphia's outstanding service fee debt to A3

Oct 7 (Reuters) - Moody‘s:

* Moody’s - Downgrades $1.3 billion of Philadelphia’s outstanding service fee debt to A3; Confirms A2 on $875 million service fee/lease debt; Outlook negative

* Moody’s On Philadelphia - The negative outlook on the bonds reflects the negative outlook on the city Source text for Eikon:

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