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Home › Pension debt, lack of reform lead to drop in city's bond rating

 

Pension debt, lack of reform lead to drop in city's bond rating

2014-10-28 17:48:50| IT Services - Topix.net

Fitch Ratings has downgraded several of Jacksonville's bond ratings, citing pension risk and lack of reform as key drivers to the negative changes. In all, about $1 billion in bonds and commercial paper notes were downgraded.

Tags: rating lead lack drop

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