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BRIEF-Moody's downgrades Dallas to aa3
October 14, 2016 / 11:51 PM / a year ago

BRIEF-Moody's downgrades Dallas to aa3

Oct 14 (Reuters) - Moody’s on Dallas

* Moody’s downgrades dallas to AA3 , TX’s golt; outlook revised to negative

* Moody’s - downgrade to AA3 from AA2 is primarily based on dallas’s exposure to increasing unfunded pension liabilities.

* Moody’s on Dallas - the negative outlook reflects challenging and complex landscape that the city must navigate to reign-in its growing pension predicament Source text for Eikon:

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