bond rating

Hudson Valley News
1:13 pm
Wed August 27, 2014

Moody's Downgrades County's Bond Rating, Again

Moody’s Investors Service has downgraded Orange County’s bond rating for the second time in six months.

Moody’s Investors Service Tuesday downgraded Orange County’s bond rating from Aa2 to Aa3 and assigned the county a negative financial outlook. This is the second time Moody’s has downgraded the county’s bond rating this year. In March, Moody’s lowered the county’s rating two notches. Republican Orange County Executive Steve Neuhaus, who took office in January, had expected the downgrade this week after a recent meeting with Moody’s officials.

Read more
Hudson Valley News
10:41 am
Fri August 22, 2014

Orange County Exec Forecasts Another Bond Rating Downgrade

Credit Alan Cleaver/Flickr

A Hudson Valley county could be facing another downgrading of its bond rating.

Moody’s Investors Service in March downgraded Orange County’s bond rating two notches - to Aa2 from Aaa. Orange County Executive Steve Neuhaus believes another downgrade is imminent.

“I think we’re going to get downgraded on Monday, just a lot of negative stuff coming back, and rightfully so," says Neuhaus.

He says he met with Moody’s officials recently. Neuhaus says continued economic development will help as would landing one of the six casinos proposed for Orange County.

Read more
Hudson Valley News
3:40 pm
Sat March 15, 2014

Moody's Downgrades Orange County's Bond Rating

Moody’s has downgraded the bond rating of a Hudson Valley county.

Read more